Jordan, Germany sign €193m financial assistance deals

GMT 22:07 2015 Wednesday ,25 February

Arab Today, arab today Jordan, Germany sign €193m financial assistance deals

Minister of Planning Ibrahim Saif
Amman - Petra

Jordan and Germany, on Wednesday, signed two technical and financial assistance agreements worth 193 million euros to support a number of German government-sponsored development-oriented projects in the Kingdom.
Under the deals, the German government will offer 155 million euros in soft loans; 15 million euros in grants and 23 million euros technical assistance grants. The funds will be used to fund projects in areas of water and sewage, climate change, solid waste treatment and supporting local communities hosting Syrian refugees.
The deals were inked by Planning Minister Ibrahim Saif and German Ambassador to Jordan Ralph Tarraf. Another 10-million-euro grant deal to fund a water pipeline project serving communities hosting Syrian refugees was inked. Germany provided Jordan with 790 million euros from 2002 through 2014. Saif thanked Germany for its support to Jordan.

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