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AMMAN, Jordan – The World Bank president has announced that Jordan will receive a $100 million long-term interest-free loan to help create 100,000 jobs for Syrian refugees and its own citizens.
The loan is part of an attempt by the international community to improve conditions for refugees in regional host countries, including Jordan and Lebanon. More than 4.8 million Syrians have fled their country since the start of the Syria conflict in 2011.
Cheap loans by the World Bank and other donors are among the new tools meant to help finance education and job creation for refugees in overburdened host countries.
World Bank President Jim Yong Kim, who was visiting Jordan with U.N. Secretary-General Ban Ki-moon, said Sunday he did not know how many of the 100,000 jobs would be for refugees.