Obama pledges billion dollars in loan guarantees to Jordan
Obama pledges billion dollars in loan guarantees to Jordan
Posted 15/02/2014 08:13 AM
America – UPI
announced a senior U.S. official for the determination of U.S. President Barack Obama, pledged billion dollars in loan guarantees to Jordan, along with the renewal of a memorandum of understanding provides for a five-year aid to the Jordanian government.
He spoke a senior U.S. official U.S. administration about the content of the meeting, which brings together Obama monarch Abdullah II of Jordan, Calif., noted that Obama will announce a U.S. pledge one billion dollars in loan guarantees for Jordan, who is facing financial pressures great in dealing with the Syrian refugee crisis along with the loss of gas Egyptian natural.
He pointed out that these guarantees will facilitate the access to the Jordan capital markets and borrow money, including that the U.S. government will support the one billion dollars.
The official added that Obama also will announce the renewal of a Memorandum of Understanding period of 5 years with the Jordanian government, the provision of which the United States money and other resources for Jordan.
Referred to as the Memorandum of Understanding expires in September next, worth 660 million dollars annually, including 360 million dollars in economic support funds and $ 300 million in foreign military financing.
altahreernews.com
