Jordan's $3.15 million wish granted by Japan
The Japanese government will extend a 300 million yen ($3.15 million) grants to the Kingdom under a memorandum of understanding (MoU) signed on Monday by Planning and International Cooperation Minister Jafar Hassan and Japanese chargé d’affaires Masayuki Miyamoto.
The grant is part of Japan’s new assistance programme that has been launched recently, under its policy to eliminate environmental pollution. The grant will be used to buy Japanese environment-friendly vehicles and equipment needed to operate and maintain them to cut down on environment pollution.
Hassan said the MoU reflects the distinguished Jordanian-Japanese relations, especially as it comes amid difficult economic and social challenges, which the country has to deal with, as a result of political regional circumstances. In 2012, Japan extended a soft loan totalling 12 billion yen (the equivalent of $155 million) to Jordan to finance a programme of developing human resources and improving social infrastructure, besides two other grants totalling $3.22 million and $6.78 million.
Between 2007 and 2012, Japan’s assistance to the Kingdom totalled around $273.51 million, of which $117.51 were grants and the remaining tranche were in soft loans, besides technical assistance provided through the Japan International Cooperation Agency.
- The reliable consumer: China on track to become biggest export market for GCC by 2020
- After the GCC 'happy' summit, is a customs union closer to reality?
- A bleak record: Turkey comes second in OECD income inequality list
- ًA safe bet? Why the ME's businessmen are chasing after St.Kitts and Nevis' citizenship
- Say what, Erdogan? 1.6 million living on less than $4.30 a day in Turkey