Live Update 
From the Liveblog of
Thursday, May 21, 2020
From the Liveblog of
Thursday, May 21, 2020
IMF approves $396 million for Jordan to fight coronavirus
Add ToI as a Preferred Source on GoogleThe International Monetary Fund approves $396 million for Jordan to fight the coronavirus pandemic, a disbursement equal to about a quarter of its projected need amid the global economic downturn.
The funds are the latest from the IMF’s Rapid Financing Instrument, which allows nations to circumvent the lengthy negotiations usually required to secure a full economic assistance program — time most countries do not have as they struggle to cope with the coronavirus crisis.
— AFP
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