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U.S. to Give Jordan $120 Million in Support, Al Ghad Reports

Dec. 11 (Bloomberg) -- The U.S. is due to transfer $120 million to Jordan by the end of the year as part of promised assistance for the kingdom’s efforts to introduce changes, Al Ghad said.

The move came after Jordan implemented a series of measures to improve the business environment, promote investment and enhancing transparency, the newspaper said, citing an unidentified Jordanian official. The U.S. transferred $64 million to Jordan in November, it said.

U.S. annual assistance to Jordan totals $660 million, of which $360 million is in economic assistance and the remainder in military aid, it said.

To contact the reporter on this story: Mohammad Tayseer in Amman through the Dubai newsroom at mtayseer@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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