Jordan receives $400 million grant from Saudi Arabia
http://www.petra.gov.jo/Public_News/Nws_NewsDetails.aspx?lang=2
<http://www.petra.gov.jo/Public_News/Nws_NewsDetails.aspx?lang=2&site_id=1&N
ewsID=33637&CatID=13> &site_id=1&NewsID=33637&CatID=13


Amman, June 2(Petra) -- Finance Minister Mohammad Abu Hammour announced that

Jordan received a cash payment of 400 million dollars as a grant from Saudi 
Arabia.

He said in a statement that His Majesty King Abdullah's efforts and contacts

with Arab and world nations had paid off as those countries came to 
understand the Kingdom's economic difficulties and offer it various forms of

support.

The Minister thanked Riyadh for its ongoing support of Jordan in various 
spheres, emphasising the close and brotherly ties between the two Kingdoms.

Abu Hammour said the grant is particularly needed for implementing capital 
projects on the state budget and would reflect on the level and quality of 
services and ease some of the budgetary strains.

The sum is part of grants projected by the 2011 budget.

//Petra// SD
2/6/2011 - 08:24:23 PM 



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