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For Immediate Release Citigroup Inc. (NYSE: C)

Citi Foundation and IRC Jordan announce the third edition of the Resilient Futures program to support vulnerable Jordanians, refugee youth and young people

March 16, 2023
Citi Foundation and IRC Jordan Announce Third Edition of the Resilient Futures Program

Arabic

Amman, Jordan – International humanitarian organization, the International Rescue Committee (IRC) in Jordan, with support from the Citi Foundation, launches the third edition of the ‘Resilient Futures’. The program aims to assist young people affected by crises in starting or expanding their businesses.

A total of 410 vulnerable Jordanians and Syrians were helped by the program, which was launched in 2018. A variety of business sectors were supported, including food, hairdressing, tailoring, agriculture, and more. The new edition aims to reach 241 such young people.

Julia Sayyed, the IRC's economic recovery and development coordinator in Jordan, said:

"We are administering the third edition of the 'Resilient Futures' program following tremendous success in the first two editions. Through our programs, people have been able to start and grow their own businesses, which have boosted their self-confidence and enabled them to contribute to society."

Jordan is home to 1.3 million Syrians, including more than 676,000 registered refugees, who are trying to recover and rebuild their lives. Economic vulnerability and protection concerns in Jordan have increased. The unemployment rate reached 22.6% (higher amongst females at 29.4%) in Q2, 2022.

Nour Jarrar, CEO, Citi Jordan, said: 

“Our partnership with the International Rescue Committee is considered as part of our continuous efforts to support the Jordan economy and shoulder part of the responsibility to help youth become economically independent. And we hope that the third iteration of the program will help support more people in Jordan and provide them with the skills required to create a better future”


Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

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Media Contact:

Natasha Slowther
+971(0)56 166 3955
natasha.slowther@citi.com 

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