Japan provides $110 million in loan to support Jordan’s budget – Roya News English

Japan provides $110 million in loan to support Jordan’s budget – Roya News English

Thursday, Japan offered Jordan a concessional loan entitled “Electricity Sector Reform and Resilience Enhancement Program Loan” amounting to ¥15,000,000,000, approximately USD 110,000 million, to support the Kingdom in its promotion of the economic stabilization and development efforts.

An exchange of Notes was signed between Mr. OKUYAMA Jiro, Ambassador of Japan to Jordan, and H.E. Ms. Zeina Toukan, Minister of Planning and International Cooperation at the Ministry of Planning and International Cooperation.

Based on the Exchange of Notes, the Japan International Cooperation Agency (JICA), the implementing agency of the concessional loan, represented by Mr. ANDO Naoki, Senior Vice President, signed the Loan Agreement with Ms. Toukan on the same occasion.