Abdullah II, the King of Jordan stressed that "despite of all the challenges, Jordan remains resilient and strong, but it will not be able to reach a promising future, with a slow economic growth".
In a speech at the Donors' Conference hosted by the United Kingdom under the title "Jordan Conference: Growth and Opportunity - The London Initiative," the Jordanian King pointed out that "Jordan has made a profound and comprehensive review of its economic agenda to strategically focus on its competitive advantages it enjoys, in particular the great capabilities of its youth”, explaining that "Jordan's economic strategy for the next five years aims to ensure sustainability and economic growth, giving the priority to the sectors that rely on manpower."
Abdullah the 2nd said that "the country is working continuously with the international community to provide the financial flexibility necessary for economic growth, and the access to concessional financing is necessary to achieve that."
The conference resulted in $3.6 billion as financial aid to Jordan after the governments of the United Kingdom, France and Japan pledged aid, grants and loans to the country. The British government announced that it would increase its aid to Jordan to 650 million pounds ($860 million) over five years and it also pledged a $250 million loan to Jordan from the World Bank.
Source (Asharq Al-Awsat newspaper, Edited)
