$824mln cash transfers disbursed to those affected by Corona in Jordan
More than two million people received financial support within the framework of the emergency cash transfer program to families and workers affected by the Coronavirus pandemic in Jordan, funded by the government in cooperation with the World Bank, and implemented by the National Aid Fund (NAF), according to Al-Mamlaka.
The volume of amounts transferred from the World Bank and donors to support the program amounted to $824 million, amounting to 82% of the total financing of the program worth one billion dollars, which aims to provide emergency cash support to the poor and most needy families affected by the Corona pandemic.
In terms of key results, approximately 432,224 households received cash support through the project, exceeding the target of 400,000 (covering more than 2.1 million individuals, including 50% female and 18% female-headed households).
Also, 109,327 individuals received wage support through the project, compared to the target number of 110,000 individuals, 47% of whom were female.
On June 25, 2020, the World Bank approved the first phase of the project, worth $374 million, to provide cash assistance to approximately 270,000 poor families in Jordan, of which $323 million had been disbursed by the end of March.
In June 2021, the bank agreed to provide additional financing for the cash transfer project worth $290 million, bringing the total value of the project at that time to $664 million, and from the second financing tranche, $236 million was disbursed until the end of March.
In March 2022, the World Bank approved a second additional financing worth $350 million, bringing the total project to nearly one billion dollars, as $239 million was disbursed from the third financing tranche until the end of March. This brings the total disbursement to $799,8 million.
More than two million people received financial support within the framework of the emergency cash transfer program to families and workers affected by the Coronavirus pandemic in Jordan, funded by the government in cooperation with the World Bank, and implemented by the National Aid Fund (NAF), according to Al-Mamlaka.
The volume of amounts transferred from the World Bank and donors to support the program amounted to $824 million, amounting to 82% of the total financing of the program worth one billion dollars, which aims to provide emergency cash support to the poor and most needy families affected by the Corona pandemic.
In terms of key results, approximately 432,224 households received cash support through the project, exceeding the target of 400,000 (covering more than 2.1 million individuals, including 50% female and 18% female-headed households).
Also, 109,327 individuals received wage support through the project, compared to the target number of 110,000 individuals, 47% of whom were female.
On June 25, 2020, the World Bank approved the first phase of the project, worth $374 million, to provide cash assistance to approximately 270,000 poor families in Jordan, of which $323 million had been disbursed by the end of March.
In June 2021, the bank agreed to provide additional financing for the cash transfer project worth $290 million, bringing the total value of the project at that time to $664 million, and from the second financing tranche, $236 million was disbursed until the end of March.
In March 2022, the World Bank approved a second additional financing worth $350 million, bringing the total project to nearly one billion dollars, as $239 million was disbursed from the third financing tranche until the end of March. This brings the total disbursement to $799,8 million.
More than two million people received financial support within the framework of the emergency cash transfer program to families and workers affected by the Coronavirus pandemic in Jordan, funded by the government in cooperation with the World Bank, and implemented by the National Aid Fund (NAF), according to Al-Mamlaka.
The volume of amounts transferred from the World Bank and donors to support the program amounted to $824 million, amounting to 82% of the total financing of the program worth one billion dollars, which aims to provide emergency cash support to the poor and most needy families affected by the Corona pandemic.
In terms of key results, approximately 432,224 households received cash support through the project, exceeding the target of 400,000 (covering more than 2.1 million individuals, including 50% female and 18% female-headed households).
Also, 109,327 individuals received wage support through the project, compared to the target number of 110,000 individuals, 47% of whom were female.
On June 25, 2020, the World Bank approved the first phase of the project, worth $374 million, to provide cash assistance to approximately 270,000 poor families in Jordan, of which $323 million had been disbursed by the end of March.
In June 2021, the bank agreed to provide additional financing for the cash transfer project worth $290 million, bringing the total value of the project at that time to $664 million, and from the second financing tranche, $236 million was disbursed until the end of March.
In March 2022, the World Bank approved a second additional financing worth $350 million, bringing the total project to nearly one billion dollars, as $239 million was disbursed from the third financing tranche until the end of March. This brings the total disbursement to $799,8 million.
comments
$824mln cash transfers disbursed to those affected by Corona in Jordan
comments