Supporting growth and competitiveness in Jordan

The OPEC Fund is providing US$150 million for the Jordan Growth and Competitiveness Program, designed to support government reforms that strengthen the business environment, improve access to finance and foster private sector-led growth.

OPEC Fund President Abdulhamid Alkhalifa and Zeina Toukan, Minister of Planning and International Cooperation of Jordan signed the first tranche of the loan agreement on the sidelines of the 2025 World Bank- IMF Annual Meetings in Washington, D.C.

“This program supports Jordan’s efforts to enhance competitiveness, attract investment and create jobs,” said President Alkhalifa. “We are proud to work alongside the World Bank and the Government of Jordan to advance policies that strengthen resilience and unlock new opportunities for sustainable growth.”

The OPEC Fund and Jordan have been long-standing partners, cooperating across both the public and private sector projects. The OPEC Fund has provided more than US$425 million in sovereign loans to Jordan and US$160 million in private sector investments supporting key energy and infrastructure projects.