Arab Today, arab today kuwait loans jordan 50 million
Last Updated : GMT 21:34:07
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Kuwait loans Jordan $50 million

Arab Today, arab today

Arab Today, arab today Kuwait loans Jordan $50 million

Amman - QNA

Jordan\'s Ministry of Planning and International Cooperation and the Kuwait Fund for Arab Economic Development will sign an agreement next week worth $50 million to fund the steam-generating unit project for an electric power plant. The funding will be in the form of a soft loan from the Fund, the Ministry said in a press release. Jordan\'s government had agreed earlier with a number of Arab funds on soft loans for the steam-generating unit at the Samra Electric Power Generating Plant worth $191 million. The Kuwait Fund for Arab Economic Development has provided Jordan with the equivalent of $524 million in the period between 1962-2010.  

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