Today, the European Commission disbursed the first instalment of €250 million in Macro-Financial Assistance (MFA) to the Hashemite Kingdom of Jordan. This payment is part of the €500 million EU MFA IV programme, approved by the European Parliament and the Council in April 2025. The disbursement follows the signing of a Memorandum of Understanding by the EU and Jordan on 25 August, which sets out the agreed reforms and policy measures supporting the implementation of the MFA. The programme aligns with the broader EU-Jordan Strategic and Comprehensive Partnership, aiming to foster economic stability, sustainable growth, resilience, and reform in Jordan.
The release of the first instalment comes after Jordan met pre-conditions, including adherence to democratic principles, the rule of law, human rights, and maintaining a satisfactory track record under the International Monetary Fund (IMF) programme. The remaining two instalments, totaling €250 million, are scheduled for disbursement over the next two and a half years and will be contingent upon timely and effective implementation of the agreed policy measures.
The policy measures outlined in the Memorandum of Understanding focus on strengthening Jordan’s economy across multiple areas, including public finance management, governance and anti-corruption, social protection and labor market policies, the green transition, and the business environment. The European Commission, in coordination with the European External Action Service and international partners, will continue to closely monitor Jordan’s progress on these reforms.
This fourth MFA precedes a recent Commission proposal for a fifth MFA operation to Jordan of up to €500 million in loans, which is pending approval by the European Parliament and Council. If approved, the two MFA operations combined would raise total EU macro-financial assistance to Jordan to €1 billion, further supporting the country’s reform agenda and economic stability.