World Bank Approves 250 Million Dollars Financing to Support Jordan's Water Services
The project, which seeks to provide 1.6 million people with improved water services across the country, will help enhance services through the rehabilitation of water distribution networks, improving energy efficiency and strengthening the drought management system in the country, according to a statement by the World Bank.
The approved financing for the new project consists of a 200 million US dollars loan from the International Bank for Reconstruction and Development and a 50 million dollars grant from the Global Concessional Financing Facility, according to the statement.
Jordan is one of the most water-scarce countries in the world, according to the World Bank, as the kingdom's water supply is only 97 cubic meters per capita per year, significantly below the absolute water scarcity threshold.
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