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US transfers last tranche of 2014 budget grant

By JT - Mar 31,2015 - Last updated at Mar 31,2015

AMMAN – The US has transferred a total of $57 million to the Treasury, which is the second and last tranche of the 2014 financial grant to support the state budget, the Ministry of Planning and International cooperation announced Tuesday.

The ministry said in a statement e-mailed to The Jordan Times that the transfer is part of the $184 million allocated by the US in direct support to the budget as $127 million was transferred at the end of last year.

 The funds were transferred by USAID.

Jordan and the US signed the economic aid agreement for 2014 in September at a value of $633 million, out of which $197 million was allocated to finance development schemes across the Kingdom.

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