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FinancialNews


  • 17-12-19

    Jordan, Germany to sign 4 agreements worth 137.5 million Euros

    (MENAFN) On Monday, Jordan and Germany signed 4 deals that value 137.5 million Euros in order to help Jordan.


    The first grant deal, value 66 million Euros; will be dedicated to finishing the 7th and 8th stages of water and sanitation projects for communities hosting Syrian refugees, as said by Jordan's Planning and International Cooperation Minister Wissam Rabadi.


    The second deal has a soft loan of 45 million Euros to support the 5th stage of the water management project in different governorates around Jordan, while the 3rd deal value 25 million Euros, a soft loan will be given to revamp water infrastructure in the Jordan Valley.


    The 4th deal, value 1.5 million Euros, came as an additional grant offered to the 2nd stage of the climate change adaptation program, seeking to fund consultation services given to farmers and supplying equipment to enhance the water grids' repairs and operation.

    MENAFN1712201900450000ID1099433938

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