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Saudi Arabia Sends $50 MN in Fourth Aid Installment to Jordan

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.
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Saudi Arabia Sends $50 MN in Fourth Aid Installment to Jordan

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense.

The Saudi Foreign Ministry has disbursed $50 million to Jordan as part of a fourth aid installment to help the country fund its budget.

The move came at the directives of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.

At the 2018 Makkah Summit, Saudi Arabia, Kuwait and the UAE approved a package of economic aid to Jordan totaling $2.5 billion by 2023. Each of the three countries agreed to send $50 million annually to Jordan.

Saudi Arabia said the move strengthens the fraternal ties between the two Kingdoms and affirms the Saudi permanent backing for the government and people of Jordan to support its development projects in the general budget.

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Saudi Arabia Reiterates its Support to Lebanon, Syria and Their People

Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)
Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)
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Saudi Arabia Reiterates its Support to Lebanon, Syria and Their People

Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)
Prince Mohammed bin Salman, Crown Prince and Prime Minister, chairs the cabinet meeting in Riyadh. (SPA)

The Saudi government underscored on Tuesday the Kingdom’s support to Lebanon and Syria and their people and efforts to help them reclaim their natural position in their Arab and international fold.

Prince Mohammed bin Salman, Crown Prince and Prime Minister, chaired the cabinet meeting that was held in Riyadh.

The cabinet reviewed the visits carried out by Foreign Minister Prince Faisal bin Farhan bin Abdullah to Lebanon and Syria last week.

Crown Prince Mohammed briefed the ministers on the telephone talks he held with US President Donald Trump and the meeting he held with Italian Prime Minister Giorgia Meloni.

Discussions focused on developing relations between their countries and on regional and international developments.

The cabinet hoped that the establishment of the Saudi-Italian Strategic Partnership Council will boost bilateral communication and cooperation at all levels, ultimately achieving common interests and benefits.

The cabinet praised the participation of the Kingdom's delegation in the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, which highlighted the ongoing advancements in fulfilling the objectives of the Kingdom Vision 2030, as well as the initiatives and contributions that are reshaping the global economic landscape, fostering transformational innovation, and unleashing human potential.

Moreover, the cabinet deemed the announcement that the Kingdom will host the World Economic Forum’s global meeting on a regular basis as an affirmation of its leadership as a global hub for international dialogue, highlighting its role in shaping the global development agenda and bolstering multilateral action to achieve prosperity for all.