AGP Executive Report
Last update: 31 minutes agoJordan Development Finance: Jordan’s Ministry of Planning signed six financing and grant agreements in May worth about €158.9m to back development projects, including €135m with the European Commission for human capital, border management and support for Syrian refugees, plus water-sector and women’s economic empowerment initiatives. Water Security Deal: Water and Irrigation Minister Raed Abu Saud and KfW signed an agreement for the National Water Carrier Project, with Germany’s support totaling €127m (including a desalination and pipeline expansion aimed at adding about 300m cubic metres of drinking water annually from 2030). Green Energy Push: Jordan Green Ammonia (JGA) secured over 1,000 hectares in Aqaba via a binding land agreement with ASEZA for a $1bn green ammonia facility targeting 120,000 tonnes a year, powered by a dedicated solar PV system. Central Bank Rates: Jordan’s Central Bank held its key interest rate at 5.75%, citing stable monetary indicators and strong reserves. UNRWA Funding Warning: UNRWA’s advisory commission meeting in Amman heard calls to prevent a deepening financial crisis, with officials urging sustained political and financial support for the agency.
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