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Παρασκευή 7 Αυγούστου 2015

EU approves the disbursement of €80 million in Macro-Financial Assistance to Jordan

Today the European Commission, on behalf of the European Union (EU), adopted the decision necessary for the disbursement of €80 million to Jordan in the form of a loan. This is the second and final tranche of a €180 million Macro-Financial Assistance (MFA) programme for the country as adopted by the European Parliament and the EU Council of Ministers on 18 December 2013. The first disbursement under this programme, amounting to €100 million, took place on 10 February 2015...


Commissioner Pierre Moscovici, responsible for Economic and Financial Affairs, Taxation and Customs, said: "Jordan is an important partner for the European Union and we are committed to helping the Jordanian people cope with the knock-on effects of the severe crises the Middle East is experiencing. Today's decision is a further concrete sign of our solidarity. We are living up to our promise to support Jordan's economic reforms to boost growth and job creation."

This assistance comes in addition to other forms of EU support to Jordan that includes regular cooperation in Jordan's reform efforts in areas such as energy policy, employment and private sector development, as well as the more than €300 million provided since the beginning of the Syrian crisis to help the country address its related humanitarian, development and security needs.