| Jordan joined the World Bank in 1952. Since then, the focus of World Bank assistance has been to foster sustainable economic growth and reduce poverty in the country. World Bank Country Assistance In April 2006, the World Bank adopted its Country Assistance Strategy for Jordan covering the period 2006 - 2010. The Strategy, developed in close partnership with the Kingdom of Jordan, serves as a roadmap for World Bank assistance to the country. This Country Assistance Strategy, in support of the National Agenda objectives, aims at tangible progress in poverty reduction and job creation, while assisting the country in its transition through medium-term economic shocks. This CAS is based on four main pillars: 1) strengthening the investment environment for a skill-intensive and knowledge-based economy; 2) supporting local development through increased access to services and economic opportunities; 3) reforming social protection and expanding inclusion; and, 4) restructuring public expenditures and supporting public sector reform. This CAS blends policy lending, investment lending, and analytical services, reflecting the emerging needs with respect to short-term financial challenges, and longer-term institutional developments, with a lending ceiling of up to US$540 million over four years. The total CAS envelope for IBRD lending is US$440 million in the base case, US$175 million in the low case and reaching US$540 million in the high case. More on the World Bank's Country Assistance Strategy for Jordan
Loans and Grants As of August 2006, the World Bank has financed 72 operations in the country for a total original commitment of US$2,420 million. The World Bank's current portfolio, as of August 2006, in Jordan comprises eight active investment projects.
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