Jordan receives $50 million in US aid
The United States will reportedly provide Jordan with $50 million in aid by the end of the current month, aiding the country in its balance of payments throughout various sectors. As of the beginning of 2001, the US delivered $150 million in aid to Jordan, of which $44 million were delivered to the environmental sector and $18 million to the housing and health sectors, reported Addustur daily.
According to official statistics, Jordan is the fourth largest beneficiary of aid from the US, reaching approximately one billion dollars over the last three years. Jordan’s aid packages from the US have grown dramatically ever since the signing of a peace treaty with Israel, in 1994. Prior to the agreement, Jordan received less than $40 million in aid, while this figure jumped to approximately $200 million after the agreement with its neighbor.
Jordan's Trade and Industry Minister Wasif Azar stated recently that American aid to Jordan was a crucial part of the country's economic development. — (Mena Report)
© 2001 Mena Report (www.menareport.com)