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TunisiaEuropean Bank for Reconstruction and Development approves new country strategy for Jordan
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved the Bank’s new country strategy for Jordan for 2020-25.
The document sets out three key priorities for the EBRD’s engagement in Jordan:
- promoting economic inclusion;
- further developing sustainable municipal infrastructure and green energy;
- strengthening competitiveness and resilience by diversifying access to finance and fostering innovation.
The Bank will also put more emphasis on supporting young people, women and people with disabilities, helping create more job opportunities through developing the skillsets of these groups, greater access to finance and better access to essential services.
The EBRD began its operations in Jordan in 2012 and is helping to support sustainable energy, finance private enterprises and promote infrastructure reform. Since the start of its operations in the country, the Bank has invested almost €1.5 billion across 50 projects in Jordan, of which 73 per cent are in the private sector.
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