AMMAN, July 1 (Xinhua) -- The World Bank has approved a 700-million-U.S.-dollar loan to support Jordan's efforts to boost private sector investment and job creation, read a statement released by the bank on Wednesday.
The loan, representing the second phase of the Jordan Growth and Competitiveness Development Policy Financing program, aims to stimulate private investment, expand financial access, create jobs, and accelerate Jordan's green and digital transition, it said.
Despite a challenging regional environment, Jordan has maintained macroeconomic stability, with real gross domestic product growing 2.8 percent in 2025, it said.
It added that the kingdom has also maintained its stable outlook after securing its first sovereign credit rating upgrade in over two decades in 2024. Enditem
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