Financial assistance to Jordan shows ‘global confidence’ in Kingdom’s economy – Razzaz – ZAWYA

Financial assistance to Jordan shows ‘global confidence’ in Kingdom’s economy – Razzaz – ZAWYA

Financial assistance to Jordan shows 'global confidence' in Kingdom's economy - Razzaz | ZAWYA MENA Edition HomeEconomyLevantArticleFinancial assistance to Jordan shows 'global confidence' in Kingdom's economy - Razzaz Omar Razzaz highlighted the recent issuance of the $1.75bln Eurobond, which was oversubscribed by six times    AMMAN “” Financial assistance and donations provided to the Kingdom reflect "global confidence" in the performance of the national economy, Prime Minister and Minister of Defence Omar Razzaz said on Monday, highlighting the recent issuance of the $1.75-billion Eurobond, which was oversubscribed by six times.During a meeting at the Ministry of Planning and International Cooperation, the premier stressed that assistance to Jordan is continuous, calling for enhancing transparency and disclosure to keep the public informed about financial support offered to the Kingdom, including soft loans and grants, and spending mechanisms, the Jordan News Agency, Petra, reported.Minister of Planning and International Cooperation Wissam Rabadi, during the meeting, briefed Razzaz on foreign assistance provided to the Kingdom, areas of spending and auditing mechanisms.Addressing reporters after the meeting, Razzaz said: "This week, we are focusing on confidence in the Jordanian economy, our fiscal standing, our foreign reserves and the private sector's ability to recover and deal with emergencies.“He