Press Release on September 10, 2006
Signing Ceremony for a grant of up to approx. Eight Million JD to promote the economic structural adjustment efforts by Jordan
- Arabic release (MS Word file)
Quick glance at the project
- Prime Minister Koizumi had announced his decision to extend the grant to Jordan during his visit to Aqaba in July 2006.
- Nine non-project grant aids have been extended to Jordan since 1995, which amount to approx. One Hundred Fifty million JD
- The Jordanian Government has used the non-project grant aids to purchase a number of commodities including barley, ammonia, construction machinery, wheat, and oil
|
|
|
The Government of Japan has extended to the Government of Jordan a grant of up to One Billion and Three Hundred Million Japanese Yen(1,300,000,000 JYE), approximately Eight Million JD (8,000,000 JD) at the current exchange rate, to promote the economic structural adjustment efforts by the Government of Jordan. Notes to this effect was exchanged in Amman on September 10 2006, between H.E. Mr. Shigenobu Kato, Ambassador of Japan and H.E. Mrs. Suhair Al-Ali, Minister of Planning and International Cooperation.
Prime Minister of Japan H.E. Mr. Junichiro Koizumi had announced his government’s decision to extend a Non-Project Grant Aid to Jordan during talks with H.E. Dr. Marouf Al Bakhit last July in Aqaba. The Grant is due to be utilized for importing basic commodities critically needed for achieving the economic structural adjustment and mitigating the economic difficulties of Jordan.
Since 1995, nine Non-Project Grant Aids have been extended to Jordan with a total amount of Twenty-Four billion Japanese Yen (\24,000,000,000), approximately One Hundred Fifty million JD (150,000,000JD). During the past few years, the Government of Jordan has used the Non-Project grant aids to purchase a number of commodities including barley, ammonia, construction machinery, wheat, and oil for alleviating the financial situation in Jordan. These commodities have certainly assisted the Government of Jordan in pursuing its social and economic reforms, as well as maintaining fiscal and monetary stability.
In addition to the above mentioned Non-Project Grant Aid, the proceeds of the grants have supported the economic and social development projects in Jordan in fields such as education, vocational training, agriculture, water, environment, and industrial promotion, according to the Jordanian Government’s development policy. Till this day, approximately One Hundred million JD (100,000,000JD) have been allocated for these projects in order to contribute to the better standard of living for the Jordanian people and sustainable development of Jordan.
The Government of Japan believes that Jordan is a key country to realize the peace in the Middle East Region, and hopes strongly that sustainable stability has been fostered in Jordan. Japan is pleased to work along with the Government of Jordan on possible future, all with a view of strengthening the bonds of friendship and mutual cooperation which exist between the two countries.
For further inquiries | Back to top