The European Commission has proposed a new Macro-Financial Assistance (MFA) package worth up to €500 million for Jordan, marking a significant milestone in the EU’s long-standing relationship with the country. This initiative supports Jordan’s external financing needs and reform agenda, aiming to enhance economic stability, promote investment, and foster employment and growth. The funding aligns with the Strategic and Comprehensive Partnership agreement adopted earlier this year.
This latest proposal builds on a previously approved fourth MFA programme of €500 million to be disbursed from 2025 to 2027, bringing the EU’s total MFA support to Jordan to €1 billion. Since 2014, Jordan has already received €1.08 billion through past MFA operations, which were instrumental during the COVID-19 pandemic and in advancing economic reforms.
The new assistance will be distributed through three tranches of long-term, low-interest loans. Each disbursement will be conditional on Jordan’s implementation of agreed policy reforms outlined in a forthcoming Memorandum of Understanding with the EU. These conditions are expected to target improvements in tax and public finance management, labour and social policies, governance, anti-corruption, energy, and the business environment. Jordan’s ongoing compliance with its IMF-supported programme and core democratic and human rights standards will also be required.
President Ursula von der Leyen emphasized that Jordan remains a key EU partner in the Middle East, and this proposal reflects the EU’s strong commitment to supporting the country’s resilience and long-term development. Other EU leaders, including Kaja Kallas and Valdis Dombrovskis, also praised Jordan’s strategic regional role and reaffirmed that the financial assistance package reinforces mutual goals of stability, good governance, and inclusive growth.
The proposed assistance is subject to the approval of the European Parliament and the Council. Once approved, it will serve as a critical mechanism for advancing structural reforms and enhancing socio-economic resilience in Jordan and the surrounding region.
