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Macro-financial assistance to Jordan

Summary

The European Parliament is reviewing a proposal to provide macro-financial assistance to Jordan to support its economic stability and reform efforts amidst the regional crisis.
10 23.12.2016
Other
economy
human rights
social policy
international relations
public finance and budget policy

Key points

  • The European Union intends to provide financial assistance to support Jordan's economic stability and reform efforts.
  • The assistance is designed to help cover Jordan's balance of payments needs as identified by the International Monetary Fund.
  • The aid is subject to specific economic policy and financial conditions, including structural reforms, which must be agreed upon in a formal memorandum.
  • The Commission has the authority to temporarily suspend or cancel the disbursement of funds if the agreed-upon conditions are not met.
Documents (PDFs)
REPORT on the proposal for a decision of the European Parliament and of the Council providing further macro-financial assistance to the Hashemite Kingdom of Jordan Macro-financial assistance to Jordan ***I
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