The Ministry of Planning and International Cooperation has secured a financial package totaling 125 million euros from the German KfW Development Bank. The agreements aim to reinforce the water sector through two pivotal projects, according to the Jordan news agency, Petra.
The initial tranche of financing encompasses a 75 million euro soft loan, earmarked as the second installment for the development policy of the water sector.
This funding is part of a broader reform support program designed to augment operational, financial, and technical sustainability within the sector. It also seeks to optimize water resource utilization across the Kingdom, underpinning the continuity of water supply sustainably.
A subsequent 50 million euro soft loan will spearhead a program dedicated to curtailing water losses and diminishing the rates of unbilled water. This strategy is projected to enhance the sustainable water balance by addressing both technical and administrative inefficiencies.
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