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The Brussels conference approves $39.7 billion for refugees' host countries
 
Amman, April 8 (Petra)- The Brussels conference on Syria approved aid, grants and loans worth $39.7 billion, six of which as grants, for the Syrian refugees' host countries including Jordan in 2017.

In a statement released by the Ministry of Planning and International Cooperation on Saturday, Minister Imad Fakhoury outlined the outcomes of the conference that was held Wednesday and Thursday last week and was co-chaired by the UN, EU, Germany, Kuwait, Norway, Qatar and the UK with the participation of 70 countries to discuss the future of Syria.

According to Fakhoury, the international community pledged providing Syria's neighboring countries with $6 billion as grants, in addition to $3.7 for 2018-2020, and $30 billion as loans, $2.3 billion of which as concessionary loans.

Fakhoury said that participants issued Jordan's Document, which included accomplishments of London conference's commitments, progress achieved in Jordan Compact, and sustaining the international support.

As for financial commitments to Jordan, Fakhoury said that they reached $2.55 billion as grants and concessionary financing in 2016, and $1, 63 billion as grants to support the Jordan Response Plan (JRP) in 2016, which counts for 61 per cent of the financial requirements estimated to be 600, 6 million as humanitarian aid, $646, 7 million to enhance host communities' resilience, and $385 million to support thde publics budget.

The document includes more commitments that were agreed on in 2016 and will be implemented in 2017, said the minister, adding that some $923.6 million have been made available as concessional loans, $834, 6 million to support the national treasury and $89 million to finance development projects.

Jordan has also benefitted through the document from the concessionary financing facility administered by the World Bank which worth $78 million as grants to improve the condition of loans to support the Kingdom's priorities in attracting investments, creating jobs, and improving infrastructure.

The document stipulates that the conference's co-chairs completely implement commitment on the basis of the Jordan Compact and to effectively join the efforts to prepare the return of refugees to Syria.

//Petra// more.....


8/4/2017 - 04:18:14 PM
 
 
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