BREAKING NEWS

World Bank OKs $150m. to help Jordan with Syria refugees

By REUTERS

JULY 18, 2013 23:42

WASHINGTON - The World Bank said on Thursday it has approved a $150 million loan for Jordan to help it deal with the cost of coping with the hundreds of thousands of refugees from neighboring Syria that have flooded into the country to escape the civil war.

About half a million refugees, out of a total of more than 1.7 million, have fled to Jordan to escape fighting in Syria that began as protests against the government in March 2011 and has since degenerated into civil war with an increasingly sectarian dimension.

Jordan has sought to win more outside help in its struggle to deal with the vast influx, and the World Bank, the global development lender, said the loan could help bring further international assistance.

"Large numbers of refugees from Syria arrive every day with their lives torn apart and Jordan continues to receive and care for them," World Bank President Jim Yong Kim said in a statement. "That sort of generosity needs our support, and we are pleased to offer this urgent assistance."

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