Jordan this week signed a ‘cash transfer agreement’ to receive $745mn from USAID as part of US economic assistance to the cash-strapped kingdom. The package is the last of the year and brings total 2019 US-Jordan economic grants to $1.15bn.
Planning and International Cooperation Minister Wisam al-Rabadi says the disbursement is “intended to reduce the deficit” and implement “national development plans” as part of the kingdom’s broader fiscal reforms. (CONTINUED - 225 WORDS)