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LOANS & CREDITS June 25, 2020

Jordan - Emergency Cash Transfer COVID-19 Response Project

WASHINGTON, June 25, 2020 - The World Bank’s Board of Executive Directors today approved the following project:

Jordan - Emergency Cash Transfer COVID-19 Response Project

IBRD Loan: US$350 million 

Project ID: P173974

IBRD Loan maturity: 35 years – Grace period of 4.5 years 

Project Description: The project aims to provide cash support to poor and vulnerable households affected by the COVID-19 pandemic in Jordan. The project supports the government’s COVID-19 response cash support program and its existing Takaful cash transfer program and will benefit approximately 270,000 beneficiary households (approximately 1.2 million individuals).


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