Jordan requests European development bank funding

03 October 2011

Jordan joins three other Middle East countries seeking funding to support democracy

Jordan is seeking membership of the European Bank for Reconstruction and Development (ERBD) in order to request funding from the bank and support for its democratic reforms.

Jordan is the fourth Middle East country to seek membership of the ERBD, following Egypt, Morocco and Tunisia. If the ERBD approves the membership of these four countries they could benefit from up to €2.5bn ($3.4bn) in investment a year to support emerging democracies.

You might also like...

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications