Latest news with #JD150
Jordan News
6 days ago
- Business
- Jordan News
Committee Approves JD 930,000 in Rural Electricity Projects for 215 Sites - Jordan News
Committee Approves JD 930,000 in Rural Electricity Projects for 215 Sites The Higher Steering Committee for the Rural Fils has approved the list of homes and locations that will benefit from electricity connection through conventional power networks. The total number reached 215 homes and sites across various regions of the Kingdom, with a total cost of JD 930,000, according to Minister of Energy and Mineral Resources Saleh Al-Kharabsheh. اضافة اعلان In a press statement issued on Tuesday, Al-Kharabsheh said the projects target residential clusters and economic sites both inside and outside officially zoned areas. The expansion comes after recent revisions to the criteria governing electricity access through the Rural Fils, allowing wider coverage and stronger support for marginalized populations. Hisham Al-Momani, Director of the Electricity and Rural Electrification Directorate at the Ministry, outlined the details: JD150,000 was allocated for a group of five homes outside zoning boundaries, JD155,000 for another group of three, and JD48,000 to connect individual homes using existing grid infrastructure. Additional funding includes JD 3,000 to help electrify homes of low-income families within organized areas, and JD 47,000 to supply power to livestock, poultry, and fish farms located in poverty pockets, part of the government's efforts to support agricultural production and boost self-reliance. A separate JD 20,000 was set aside to install lighting along roads leading to cemeteries, ensuring safe access for citizens during nighttime burials. The Committee also committed JD 300,000 to productive, industrial, and investment projects in unregulated and economically challenged areas, provided these initiatives create jobs for Jordanians and contribute to local development. Support continues with JD 82,000 directed toward farms with artesian wells, JD 12,000 for cooperative and charitable organizations, and JD 20,000 for a range of government and agricultural initiatives. Over the past ten years, the Rural Fils has also invested JD 49,000 to upgrade transformer stations, helping to improve electricity quality and reduce technical losses in the network. In a move toward sustainable energy, the Committee approved the installation of grid-connected solar systems for 44 homes belonging to low-income families and recipients of National Aid. The solar systems aim to reduce monthly electricity bills and enhance the financial well-being of some of the Kingdom's most vulnerable households. (Petra)
Ammon
22-05-2025
- Business
- Ammon
Jordan receives JD46.2 million grants in Q1 2025
Ammon News - Foreign grants during the first quarter of 2025 amounted to 3.4 million dinars, compared to JD49.6 million during the same period in 2024. According to Ministry of Finance data, grants during the first quarter of 2025 decreased by JD46.2 million compared to the same period in 2024, a decrease of 93.2%, according to Al-Mamlaka. The Ministry of Planning and International Cooperation received new pledges to finance major projects through grants and loans worth more than $2 billion in April. Domestic revenues increased by approximately JD150 million during the first quarter of 2025, reaching JD2.16 billion, compared to JD2.01 billion during the same period last year.
Zawya
01-05-2025
- Business
- Zawya
Jordan repays $1bln in debt in first two months of 2025
AMMAN — The government retired debts totalling JD750 million during the first two months of 2025. Over the same period, the government issued bonds and treasury bills worth JD1.175 billion as part of its debt management strategy, according to official data cited by Al Mamlaka TV. In January alone, JD150 million in debt was repaid, while the government issued JD350 million in bonds and treasury bills and paid JD83 million in loan interest. Treasury bonds, a key component of government financing, are long-term debt instruments with maturities ranging from two to twenty years. These include both sovereign bonds and those issued by corporations. Treasury bills, by contrast, are short-term government debt securities with maturities between three and twelve months. Known for their low risk and liquidity, they are frequently traded in financial markets. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (
Jordan Times
30-04-2025
- Business
- Jordan Times
Jordan repays JD750m in debt in first two months of 2025
The government retires debts totalling JD750 million during the first two months of 2025 (JT file) AMMAN — The government retired debts totalling JD750 million during the first two months of 2025. Over the same period, the government issued bonds and treasury bills worth JD1.175 billion as part of its debt management strategy, according to official data cited by Al Mamlaka TV. In January alone, JD150 million in debt was repaid, while the government issued JD350 million in bonds and treasury bills and paid JD83 million in loan interest. Treasury bonds, a key component of government financing, are long-term debt instruments with maturities ranging from two to twenty years. These include both sovereign bonds and those issued by corporations. Treasury bills, by contrast, are short-term government debt securities with maturities between three and twelve months. Known for their low risk and liquidity, they are frequently traded in financial markets. Page 2
Jordan Times
28-02-2025
- Business
- Jordan Times
CBJ issues JD150m in treasury bonds set to mature in 2030
The Central Bank of Jordan on Thursday launches the eighth issue of Treasury bonds for 2025, valued at JD150 million (JT file) AMMAN — The Central Bank of Jordan (CBJ), on behalf of the government, on Thursday launched the eighth issue of Treasury bonds for 2025, valued at JD150 million. According to the bank's data, the auction is scheduled for March 2, with settlement set for March 3 and the bonds will mature five years later on March 3, 2030. Treasury bonds are long-term debt securities with maturities ranging from two to twenty years and can be issued by both the government and private corporations, according to Al Rai Newspaper Treasury bills, on the other hand, are short-term government debt instruments with maturities of between 3 and 12 months. These bills are considered low-risk and are actively traded in the financial markets.
