US boosts assistance to Jordan with massive $10 Billion aid package

The US is boosting aid to its longtime ally Jordan as the resource-poor kingdom copes with a flagging economy at home and the lingering effects of conflicts amongst its neighbours.

The two countries signed a memorandum of understanding (MOU) on Friday that will see the US provide $10.15bn in aid to Jordan over the next seven years.

The deal was first announced by President Joe Biden in July following his meeting with Jordan's King Abdullah II on the sidelines of a summit in Jeddah.

"The US has gone above and beyond for Jordan," the country's foreign minister, Ayman Safadi, said at an event hosted by the Wilson Center in Washington following the signing.