English | मराठी 
    
|

Obama offers USD 1 bn in loan guarantees for Jordan

obama (1)

US President Barack Obama has offered Jordan USD 1 billion in loan guarantees, as well as a renewal of a five-year memorandum 
obama (1)Rancho Mirage (US): US President Barack Obama has offered Jordan USD 1 billion in loan guarantees, as well as a renewal of a five-year memorandum of understanding worth USD 660 million a year.

Obama made the pledge at a meeting with King Abdullah II of Jordan in California yesterday.

The funds are aimed in part at helping Washington’s Middle East ally cope with the flood of refugees from the Syrian crisis and its loss of natural gas from Egypt.

(AFP)

Leave a Reply

*