[Weekly Compilation of Presidential Documents Volume 35, Number 6 (Monday, February 15, 1999)]
[Pages 213-214]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on Assistance to Jordan

February 6, 1999

    At this difficult time, my thoughts and prayers, as well as those of 
all Americans, are with His Majesty King Hussein, his family, and the 
people of Jordan. The United States stands by Jordan and is determined 
to do all that it can to support and strengthen it.
    Next week I will ask Congress promptly to provide the $300 million 
in supplemental bilateral assistance to Jordan that was promised as part 
of the Wye agreement.
    The United States is working with the international community to 
mobilize additional resources to help Jordan maintain its economic 
stability. We are consulting with key allies, including our G-7 partners 
and the Gulf States, on further steps to support Jordan.
    The International Monetary Fund will play a leading role in 
marshaling international support for Jordan. Substantial resources can 
be mobilized quickly under a new IMF program with expedited procedures.
    The World Bank also is preparing to provide additional support for 
Jordan's economic reform program.
    In addition, the United States will support substantial rescheduling 
of Jordan's obligations to bilateral creditors through the Paris Club on 
the basis of an IMF program.
    These initiatives by the international community, combined with U.S. 
direct bilateral assistance, will provide substantial resources in 
support of Jordanian economic stability and growth.

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