US Earmarks Financial Assistance to Jordan

The U.S. Agency for International Development has approved five grant agreements worth USD411.4 million to fulfill the second part of its 2009 financial assistance program for Jordan, the 

 reports. The first grant, valued at USD159.5 million, will be used to boost Jordan's budget for priority development projects while the second grant worth USD64.22 million will be spent on water infrastructure, irrigation and environmental protection projects. The third agreement will provide USD110.47 million for the country's education, health and youth sectors. The fourth grant, which stands at USD54.97 million, aims to increase investment, reduce unemployment and boost trade, while the last grant worth USD22.33 million will support the country's good governance initiatives.

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.