Belize

EU Approves 557-Million-USD Soft Loan To Jordan

AMMAN, Dec 18 (NNN-PETRA) – Jordan said, the European Parliament approved with a vast majority, to grant Jordan a soft loan of 500 million euros (557 million U.S. dollars) with a low-interest rate.

According to a statement by Jordan’s Foreign Ministry, the loan seeks to support Jordan’s economy and alleviate the burdens of regional crises.

The ministry said, the EU’s decision is a big appreciation for Jordan’s role in the region.

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