US announces $100 million grant to Hashemite Kingdom

January 12, 2011 20:06

AMMAN — The United States is giving its longtime Jordanian ally an additional $100 million in economic aid to help the poor, youth and underprivileged.

The grant is in addition to the $363 million in regular US economic assistance to Jordan for the fiscal year 2010, bringing the total to $463 million.It comes as Jordan grapples with spiraling prices on basic commodities and fuel.

A US Embassy statement Wednesday said the money will be used to spur trade, investment, create jobs, and bolster health care and education.

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