Minister of Planning and International Cooperation Zeina Toukan and Minister for Foreign Affairs of Japan Yoshimasa Hayash signed the exchange of notes for a concessional loan with a total value of $102.8 million to support the general budget in terms of the Kingdom’s reform efforts and to enhance the resilience of the electricity sector.

The two ministers also signed a grant of $6.4 million from the Japanese government through the Japan International Cooperation Agency (JICA) to finance a project to enhance the capacity of power system.

Japan’s financial assistance to the Kingdom from 1999 to 2023 amounted to some $1.9 billion, of which over $600 million were grants and 1.3 billion were concessional loans. Japan also supported the Jordan Response Plan to the crisis in Syria in 2022 with some $8 million, and pledged $11 million in 2023.

https://www.jordantimes.com/news/local/japan-pledges-102m-concessional-loan-64m-grant-jordan