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News France, Jordan sign 250-million-euro grant agreement to support judiciary, water sectors

The government and the French Development Agency (AFD) on Wednesday signed three soft loan agreements worth 250 million euros to finance projects to develop the judiciary and water sectors and reconstruct the sewage system in Balqa.

Planning and International Cooperation Minister Wissam Rabadi, Acting French Charge d'Affaires Thierry Caboche and AFD Director in Amman Luc Le Cabellec signed the three agreements in the presence of Justice Minister Bassam Talhouni, according to a Planning Ministry statement. The first agreement entails a soft loan of 150 million euros, representing the AFD's contribution of the joint loan with the German Development Bank to fund water sector policy development through the general budget. The amount granted under the agreement will be disbursed in two rounds of 75 million euros each, the statement said, adding that this agreement is the third with the AFD to support water sector development. The second agreement, worth 40 million euros, will support the justice sector development policy through the general budget. The sum will be disbursed through three batches over the period of 2020-2022. 

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News type Inbrief
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Source of information jordantimes
Geographical coverage Jordan
News date 19/12/2019
Working language(s) ENGLISH