AMMAN, Oct. 4 (Xinhua) -- Saudi Arabia, the United Arab Emirates (UAE) and Kuwait on Thursday signed with Jordan a series of deals worth more than 2.3 billion U.S. dollars to support Jordan's economy, according to a statement by the Ministry of Finance obtained by Xinhua.
About 1.16 billion U.S. dollars had been deposited in the Central Bank of Jordan, while about 550 million dollars had been offered as soft loans to support development projects in Jordan, the statement said.
In addition, 200 million dollars were given as guarantees for the World Bank to enable Jordan to get loans at low rates, it added.
The Gulf states also signed a deal to provide 500 million dollars as budget support to Jordan over the next five years.
Meanwhile, Kuwait said it agrees to reschedule around 300 million dollars of Jordan's debts.
Jordan's Deputy Prime Minister Rajai Muasher voiced appreciation for the financial aid from the Gulf states, saying it will help Jordan through the challenges caused by regional instability and difficult fiscal and economic conditions.
In June, Saudi Arabia, Kuwait and the UAE pledged to provide 2.5 billion dollars in support of Jordan's economy during a summit held in Mecca.
