Jordan receives $400 million Saudi grant - Israel News, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
Breaking News

 

Jordan receives $400 million Saudi grant

Published: 06.02.11, 22:22 / Israel News

Jordan's finance minister says Saudi Arabia has donated $400 million to shore up his nation's wobbly economy. Jordan has a record deficit of $2 billion this year, which could endanger reform plans.

 

The donation covers 20 percent of Jordan's rising energy bill as well as subsidies promised in the wake of street protests over high food and gasoline prices. (AP)

 

  PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us




 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions