The European Commission has adopted on Tuesday, 5 August, a proposal for a new Macro-Financial Assistance operation to Jordan, worth up to €500 million. The support builds on earlier agreements between the EU and Jordan. The funding will address the country’s external financing needs and help to implement structural reforms.
The fresh proposal will complement the fourth Macro-Financial Assistance programme to Jordan, approved by the European Parliament and the Council in April 2025. The latter amounts to €500m to be disbursed over 2025–2027. Together, these two operations bring the total support to Jordan to €1bn.
The assistance will be provided as long-term loans on concessional terms. The new Macro-Financial Assistance (MFA) operation foresees three disbursements, each tied to the implementation of agreed policy commitments.
Jordan is a key strategic partner for the European Union in the Middle East (…) With this support, we are fostering long-term stability for the Jordanian people. – Commission President Ursula von der Leyen
“Jordan is a key strategic partner for the European Union in the Middle East (…) With this support, we are reinforcing our shared ambition for Jordan to advance vital reforms strengthening its resilience and fostering inclusive growth, investment, and long-term stability for the Jordanian people,” said Commission President Ursula von der Leyen.
The Commission’s proposal for the new MFA with Jordan is subject to the approval of the European Parliament and the Council.
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Valued partner in an unstable region
MFA scheme is part of the EU’s wider engagement with neighbouring countries and it functions as an exceptional EU crisis response instrument. It is available to enlargement and EU neighbourhood countries experiencing severe balance-of-payments problems.
The EU’s support to Jordan helps the country address the socio-economic challenges arising from regional instability. That includes the consequences of the Syrian refugee crisis and the spillover effects of regional conflicts. Example is the war in Gaza.
Jordan plays a strategic role in promoting peace and stability across the region. – Kaja Kallas, High Representative for Foreign Affairs
Though many other countries in the region including Iraq, Lebanon, Palestine, or Syria suffer from ongoing conflicts, Jordan keeps to be an island of relative stability.
“Jordan plays a pivotal role in the European Union’s engagement in the Middle East. The country plays a strategic role in promoting peace and stability across the region (…) That includes hosting large numbers of Syrian refugees as well as serving as a crucial channel for aid going into Gaza. Jordan is a valued partner,” said Kaja Kallas, High Representative for Foreign Affairs and Vice-President of the European Commission.
