Kuwait channels $24 billion in development assistance to Jordan in 24 years

AMMAN — The volume of development assistance channelled by Kuwait to Jordan, through the Kuwait Fund for Arab Economic Development (KFAD), has reached around $24 billion between 1999 and 2023.This support included grants totalling $13.4 billion, of which $1.25 billion was through the Gulf Cooperation Council and another $4.3 million to finance economic feasibility studies.

Related Keywords

Jordan ,Syria ,Kuwait ,Amman ,O11 ,Kuwaiti ,Jordanian ,Syrian ,Fathi Jaghbeer ,Organisation Of Islamic Cooperation ,Housing Bank ,Gulf Cooperation Council ,Association Of Banks ,Amman Stock Exchange ,Jordan Kuwait Bank ,Securities Depository Centre ,Kuwait Fund For Arab Economic Development ,World Trade Organisation ,Arab Banking Corporation ,Kuwait Fund ,Arab Economic Development ,Crisis Response ,Free Trade Agreement ,Minvest Bank ,Amman Chambers ,Industry Fathi Jaghbeer ,