Jordan receives $100m from Opec Fund to boost food security and agricultural development – The National

Jordan receives $100m from Opec Fund to boost food security and agricultural development – The National

The Opec Fund for International Development has provided a $100 million loan to Jordan to help the kingdom enhance its food security and boost its agricultural development.

The financing is part of an emergency food security project, which aims to address the effects of a recent food supply crisis and stem the rise of commodity prices, the development finance institution of the world's largest oil group said in a statement on Tuesday.

The agreement is part of the fund's wider $1 billion Food Security Action Plan, which was announced in June, and is meant to boost food security in developing countries severely impacted by the conflict in Ukraine.