In the context of the new ordinary loan of approximately USD 51 Million, extended by The Arab Monetary Fund (AMF) to the Hashemite Kingdom of Jordan
The disbursement of the loan has been processed through “Buna” Payment platform, which facilitates cross-border payments in multiple currencies.
Abu Dhabi, 26 May 2023: The Arab Monetary Fund (AMF) extended a new ordinary loan to the Hashemite Kingdom of Jordan, with an amount of Arab Accounting Dinar 12.79 million, the equivalent of approximately USD 51 million to support the economic reforms implemented by the kingdom. The disbursement of the loan was processed through “Buna”, the cross-border payment system operated by Arab Regional Payments Clearing and Settlement Organization “ARPCSO”, owned by The Arab Monetary Fund “AMF.” It cements its position as a reliable partner for central banks and financial institutions.