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Planning minister, World Bank official discuss cooperation

25-03-2015 01:16 PM


Ammon News - AMMONNEWS - Minister of Planning and International Cooperation Imad Fakoury and World Bank (WB) director for the Middle East and North Africa Farid Belhaj, Wednesday discussed future cooperation and projects between Jordan and the WB, especially in light of the discussions that began recently on the possibility for Jordan getting a new loan from the WB to support the budget.

Fakhoury stressed the need to increase the grants and technical aid provided by the WB to Jordan to enable the Kingdom cope with the repercussions of the Syrian crisis.

The meeting also focused on preparations of a Systematic Country Diagnostic (SCD) initiated by the Bank for Jordan that will precede the four-year partnership framework to regulate relations between Jordan and the World Bank Group.

The Systematic Country Diagnostic (SCD) presents a timely and evidence-based assessment of the constraints a country has to address and the opportunities it can embrace to accelerate towards the goals of ending extreme poverty and promoting shared prosperity in a sustainable way.

The minister said that the four-year partnership will focus on supporting national priorities and addressing challenges facing Jordan.




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