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AIIB approves 250 mln-USD loan to Jordan

AMMAN, Sept. 1 (Xinhua) — Board of directors of the Asian Infrastructure Investment Bank (AIIB) authorized 250 million-U.S.-dollar investment in Jordan to stimulate economic recovery from the COVID-19 pandemic, the bank said Wednesday.

According to a statement released by the AIIB, the bank’s first loan to Jordan is expected to create more jobs by unleashing the economy’s potential, especially in green growth.