AMMAN: Two agreements have been signed in Amman under which the German government extended 99 million euros in economic aid to Jordan, according to an official statement.
The accords were signed by Jordanian Minister of Planning and International Cooperation Jaafer Hassan and the German Ambassador in Amman Ralf Tarraf in the presence of representatives for the German Society for International Cooperation (GIZ) and the German Reconstruction Bank (KFW).
Under the agreements, the German government will extend a soft loan of 90 million euros and a donation of 9 million euros for financing Jordanian developments projects covering the water, energy and education sectors, Hassan said.
He pointed out that Jordan and Germany would shortly sign an agreement for swapping 27 million euros of Jordanian debt with development projects in Jordan.
Germany, one of Jordan's main financial supporters, extended economic aid to Jordan amounting to $320 million between 2002 and 2010, excluding German aid through the European Union, the Jordanian minister said.
© Arab News 2011
