(MENAFN) The World Bank announced on Tuesday it will release USD300 million in loans to help facilitate the labour market for Syrian refugees in Jordan.
In detail, the funds will be used to attract investors and create reforms that will help grant access to the Syrian labour force, the Bank said in a statement.
More Syrians will receive work permits and be able to "access formal jobs and decent labor conditions," the statement said.
"By creating the conditions for increased investment and jobs, and by allowing refugees, during their time in the country, to seek work and contribute to the economy, Jordan is shifting from a purely humanitarian approach to a forward looking development drive, said director of the Bank's Middle East Department.
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