Wednesday 15th of August 2018 Sahafi.jo | Ammanxchange.com
  • Last Update
    10-Jun-2018

Saudi Arabia hosts quartet meeting over Jordan economy

 

AFP

 

Mecca will hold a quarter summit hosted by Saudi Arabia that will include leaders from the United Arab Emirates, Kuwait and Jordan to discuss ways to support Amman in overcoming its economic crisis.
 
The initiative launched by Saudi Arabia’s King Salman aims to contain the economic crisis and discuss ways of supporting their neighboring country was reflected on the Jordanian street.
 
Only a few days after protests erupted on the streets of Amman, King Salman called Jordan's King Abdullah, Kuwaiti Emir Sheikh Sabah Al-Ahmad Al-Sabah and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed. These contacts ended with a decision to hold an urgent meeting in Mecca to consult on the crisis.
 
Jordanians said they welcomed the upcoming meeting and expressed their satisfaction with this rapid initiative from Saudi Arabia.
 
The meeting comes as Jordan's Minister of Foreign Affairs in the caretaker government, Ayman Safadi, met in Amman with EU High Representative for Foreign Affairs and Security Policy Federica Mogherini where the latter announced 20 million euros ($23.5 million) in aid for Jordan.
 
Cash-strapped Jordan, a close US ally that relies heavily on donors, is struggling to curb its debt after securing a $723-million loan from the International Monetary Fund in 2016.
 

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