An American grant to Jordan worth $845 million

Today, Sunday, Jordan and the United States signed an agreement in under which Washington will provide Amman with a grant of 845 million dollars to support the public budget.

A government statement said, “Jordan Prime Minister Bisher Al-Khasawneh attended the signing of the US annual grant agreement to support the budget, amounting to $845.1 million.”

The agreement was signed by the Jordanian side by the minister of planning and international cooperation Zina Touqan and by the American side by the interim director of the USAID mission Margaret Spears, according to Agence France-Presse.

Al-Khasawneh expressed Jordan’s “appreciation for this support, which reflects the United States’ understanding of the scale of the challenges it is facing.”

For his part, Touqan confirmed that “according to the agreement, the US government will transfer the direct subsidy in money to the Public Treasury account during the month of November”, noting “the positive impact of this aid in supporting Jordan’s development process, and supporting the implementation of economic reform and development plans and programs in various sectors.”

In September, Oman signed a 7-year memorandum of understanding with Washington, covering the period “2023-2029”, according to which the US side will provide total aid during this period worth 10.15 billion dollars, at an annual rate of $1.45 billion starting in 2023, with an estimated annual increase in 175 million dollars compared to the aid provided for in the previous memorandum of understanding.

The economy of the Kingdom, which pours in difficult economic conditions and has a public debt of about 47 billion dollars, and suffers from a shortage of natural resources, is heavily dependent on aid, especially from the United States, the European Union and the Gulf countries.

Jordan hosts around 650,000 Syrian refugees registered with the United Nations, while Amman estimates the number who have sought refuge in the country at around 1.3 million since the outbreak of the Syrian conflict in 2011.

Oman says the cost of hosting them has exceeded $10 billion.

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