Mubasher: Saudi Fund for Development (SFD) has signed an agreement with the Jordanian government to restructure 19 debts at a combined value of $114million.
The loans will be repaid over 20 years, including a five-year grace period, Jordan’s Ministry of Planning and International Cooperation’s (MOP) said on Twitter.
The two parties also inked an agreement to speed up the implementation of a raft of projects financed by Saudi Arabia as part of the Gulf grant.
