Finance Minister Suleiman Hafez said that Jordan has received an additional grant from Saudi Arabia totaling $200 million, ordered by Custodian of the Two Holy Mosques, King Abdullah Bin Abdulaziz.
The grant will be used to support the kingdom's budget, the minister said in a statement.
Hafez praised the Saudi support of Jordan, stressing the strong " brotherly'' relations between the two countries at various levels.
The grant comes in addition to assistance approved at a Gulf Co-operation Council (GCC) summit in December 2011 whereby Saudi Arabia, the UAE, Kuwait and Qatar agreed to extend USD 5 billion over 5 year period to support development projects in Jordan with each state contributing USD 1.25 billion.
Jordan News Agency – Petra
9 February
