PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603353

Primary Business Area

Other

Disclosure Date

Oct 25, 2022

Country

Jordan

Region

Middle East

IFC Approval Date

Jun 11, 2020

Status

Completed

Estimated Total Budget

$800,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

May 15, 2020

Project Estimated End Date

Jan 1, 2024

Project Description

The component about strengthening the insolvency regulatory framework will be achieved by developing third tier regulations. The component about capacity building & knowledge sharing will be achieved by training and licensing a batch of Insolvency Practitioners under the new framework, strengthening judges ’capacity through developing training material for judges and delivering in cooperation with the Judiciary Council an in-depth training for Judges, holding awareness raising workshops for main stakeholders and developing a Standard Operating Procedures.

Development Results

E&S Risks / Impacts and Mitigation