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European Neighbourhood Policy and Enlargement Negotiations
News article24 June 2019Directorate-General for Neighbourhood and Enlargement Negotiations

EU confirms support to Jordan with €100 million loan under Macro-Financial Assistance programme and high-level mission of Commissioner Hahn

The European Commission, on behalf of the EU, has today approved the disbursement of a €100 million loan to Jordan. With today's disbursement, the EU has now provided Jordan with €380 million in Macro-Financial Assistance (MFA) funds since 2013.

EU Jordan flags

The European Commission, on behalf of the EU, has today approved the disbursement of a €100 million loan to Jordan. With today's disbursement, the EU has now provided Jordan with €380 million in Macro-Financial Assistance (MFA) funds since 2013. The current MFA programme has helped Jordan to cover its financing needs and supported the implementation of its structural reform agenda. Pierre Moscovici, Commissioner in charge of Economic and Financial Affairs, Taxation and Customs, said: "Jordan has been profoundly affected by events in Syria since the crisis there began in 2011. Today's disbursement demonstrates the EU's commitment to continue to provide political and financial support to Jordan in these challenging times. It is an important and encouraging signal that Jordan intensifies its efforts to deliver on economic reforms in close cooperation with the international community. I look forward to continuing our work with the Jordanian authorities on their reform programme and in securing a stable, stronger economy for Jordan for the benefit of its entire population." Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn is currently in Amman, Jordan. The Commissioner will lead tomorrow a high-level mission with the main European and International Financial Institutions to discuss support to Jordan socio-economic reform agenda with country's authorities, private sector and civil society organisations. During his visit, Commissioner Hahn will also meet with King Abdullah II, Prime Minister Omar Razzaz, Foreign Minister Ayman Safadi and Minister of Planning and International Cooperation Mohamad Al-Ississ and he will sign EU funded projects to support innovation, sustainable growth and job creation. Information on EU cooperation with Jordan is available online. A press release on the MFA assistance is available here. More info on the visit of Commissioner Hahn is available here. Photos and videos will be available on EbS.

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