Source link : https://capital-cities.info/2025/07/28/world/world-bank-pledges-1-1-billion-to-ignite-jordans-economic-boom/
The World Bank has approved a $1.1 billion financing package aimed at stimulating Jordan’s economy, according to a recent report by The Arab Weekly. This significant investment is expected to support key sectors, enhance economic resilience, and foster sustainable growth amid the country’s ongoing challenges. The funding underscores the international community’s commitment to bolstering Jordan’s development trajectory during a critical period.
World Bank Financing Targets Key Sectors to Accelerate Jordan’s Economic Growth
The World Bank’s recent approval of $1.1 billion in financing marks a crucial step toward revitalizing Jordan’s economy, focusing on sectors with the highest growth potential. Key investments will be directed at supporting infrastructure development, enhancing water resource management, and boosting renewable energy projects. These initiatives are expected to create jobs, improve public services, and stimulate private sector development, ensuring sustainable and inclusive economic growth for Jordan in the coming years.
Strategic priorities of the funding include:
- Modernization of transportation networks to increase trade efficiency.
- Expanding access to clean water and sanitation across urban and rural areas.
- Promotion of clean energy solutions to reduce carbon emissions.
- Strengthening small and medium-sized enterprises (SMEs) through financial and technical support.
| Sector | Allocation ($ million) | Expected… |
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Author : Atticus Reed
Publish date : 2025-07-28 11:51:00
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