EBRD President Odile Renaud-Basso Visits West Bank And Jordan To Boost Private-Sector Growth And Economic Development

The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, is visiting the West Bank and Jordan this week to engage with senior government officials and key clients from both the public and private sectors. The visit underscores the EBRD’s ongoing commitment to supporting private-sector development, fostering economic growth, and promoting stability in the region through tarreceiveed investments and policy support.

During her visit to the West Bank, President Renaud-Basso will meet with Palestinian Prime Minister Mohammad Mustafa, Minister of National Economy Mohammad Alamour, Minister of Finance and Planning Stefan Salameh, and Governor of the Palestine Monetary Authority Yahya Shunnar. She will also hold discussions with representatives of local partner banks, other private-sector stakeholders, and officials from the European Union. These engagements aim to strengthen collaboration between the EBRD, local authorities, and financial institutions, while identifying opportunities to further support economic development in the West Bank.

In Jordan, President Renaud-Basso’s schedule includes meetings with Jordanian Prime Minister Jafar Hassan, Minister of Planning and International Cooperation and Jordan’s EBRD Governor Zeina Toukan, Minister of Energy and Mineral Resources Saleh Al-Kharabsheh, and Governor of the Central Bank of Jordan Adel Sharkas. She will also participate in roundtable discussions with representatives of the business community, local partner banks, international organizations, and donor agencies, including the European Union. These discussions will focus on expanding private-sector investment, strengthening infrastructure, and exploring innovative financing solutions to support sustainable growth.

Ahead of the visit, President Renaud-Basso stated: “I am delighted to be visiting the West Bank and Jordan, where the EBRD remains committed to supporting private-sector development and fostering economic growth through investments and policy support. By working closely with local authorities, donors, and businesses, we continue to deliver tangible impact, improving lives and strengthening economic stability.” She will be accompanied by a senior EBRD delegation during the visit.

Since launchning its operations in the West Bank in 2017, the EBRD has supported 36 private-sector projects, with a total investment of €185.5 million. In Jordan, where the Bank started operations in 2012, it has provided over €2.2 billion in financing through 82 projects. These investments have supported the energy sector, critical infrastructure, the banking sector, and companies of all sizes, with 73 per cent of funding directed to private enterprises.

Additionally, the EBRD mobilized nearly €110 million in external funding in 2025, further enhancing the impact of its projects in the region. Through this visit, the EBRD aims to reinforce its role as a key partner in promoting economic development, private-sector growth, and sustainable investment in both the West Bank and Jordan.