Saudi Arabia, the United Arab Emirates and Kuwait pledged $2.5 billion on Monday to help Jordan, which is gripped by large anti-government protests against austerity measures.
Protests continued for eight days to denounce a draft income tax law, prompting King Abdullah to replace the prime minister and cancel an increase in fuel and electricity prices.
Saudi King Salman hosted a meeting in the early hours of Monday in Mecca for the four countries to discuss ways to support Jordan.
The aid by the three Gulf countries will be divided into a deposit in Jordan’s central bank, guarantees for the World Bank for the kingdom, support for Jordan’s budget over five years and finance development projects.
The meeting in Saudi Arabia’s holy city of Mecca was attended by Salman, Abdullah, Kuwaiti Emir Sabah Al-Sabah and UAE Vice President and Prime Minister Mohammed Al-Maktoum, who is also the Ruler of Dubai.
A statement by Saudi Arabia’s official press agency quoted Abdullah as saying that “the aid package will help Jordan overcome the crisis.”
Daily protests across the kingdom began on May 30 alongside a partial strike organised by unions, as Jordanians pressured the government to withdraw the tax bill.
Protests ended only a week later, when designated Prime Minister, Omar Razzaz, promised to withdraw the law and hold talks with union representatives before drafting a new one.
The bill was the latest in a series of austerity measures taken to reduce the budget deficit.
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