Petra News Agency
Tuesday, February 23, 2004

Ministry of Planning, USAID Sign Agreement

Amman, Feb. 23(Petra)-- The Ministry of Planning and International Cooperation signed on Monday an agreement with the US Agency for International Development (USAID) whereby the USAID provides a grant of $ 18.5 million to finance a number of projects and activities with a view to promote the economic opportunities for the Jordanians.

The agreement, which was signed by Minister of Planning and International Cooperation Basem Awadallah and the US Ambassador to Jordan Edward Gnehm, aims at enhancing the Jordanian efforts which aim at developing the living standards of the Jordanian people through creating a suitable investment climate and support the Jordanian business sector to achieve sustainable development.

After signing the agreement, Awadallah hailed the distinguished Jordanian- US ties on light of His Majesty King Abdullah's efforts which aim at supporting the socio- economic development in the Kingdom.


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