Ammon News -

Minister of Planning and International Cooperation, Nasser Shraideh, said that Jordan is to ink a $1.1 billion financing agreement with the World Bank.

In a joint press conference with a World Bank delegation, the minister added that the agreement includes emergency health and vaccine support, cash transfer programs to support vulnerable households and workers, support to sustain businesses and preserve jobs and livelihoods, and support to promote public and private investments in a climate-resilient and inclusive recovery.

Launched in 2016 in the context of the Syrian crisis, the Jordan Country Partnership Framework (CPF) focuses on two pillars: Stronger private-sector-led growth and better employment opportunities for all, and improved equity and quality of service delivery.

At the end of April, 2021, the World Bank’s active portfolio in Jordan consisted of 14 projects valued at $2.67 billion in loans, credits, and grants, Shadier noted.