A group of international donors have agreed to participate in a financial package to help support Jordan as the continuing influx of refugees from Syria puts an increasingly massive strain on the country’s resources.
A €102 million loan from the European Bank for Reconstruction and Development (EBRD) to the Greater Amman Municipality (GAM) will finance a solid waste infrastructure that is urgently needed in the country’s capital. The loan will be provided in two tranches and will include the refinancing of existing debt as well as financing for the most pressing investment needs, given the rapidly increasing volume of waste.
A £5 million investment grant from the United Kingdom’s Department for International Development (DFID) will co-finance the first committed tranche, worth €50 million. The second uncommitted instalment of up to €50 million is expected to be supplemented by an additional amount of up to €50 million co-financed by several donors including DFID, the European Union, the United States Agency for International Development and others.
Jordan hosts around 1.3 million refugees from Syria who have fled their homes, whom more than 400,000 of whom are currently living in Amman. This is creating enormous pressure on municipal services in Jordan’s capital.
Akel Biltaji, Mayor of Greater Amman Municipality, commented: “We are planning to develop with international support, a sustainable and eco-friendly plan to enhance our response to the refugee crisis. This will also include the creation of jobs for the whole population and make Amman an inclusive city that cares about the environment.”