European Commission pays €200 million in financial support to Jordan

May 4, 2023
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The European Commission paid the third and final instalment of €200 million in Macro-Financial Assistance to Jordan.

This payment concludes the Macro-Financial Assistance-III operation for Jordan, which amounted to a total of €700 million, of which €200 million came from a package agreed in May 2020 to help Jordan mitigate the economic fallout of the COVID-19 pandemic. Jordan had received the first and second payments of €250 million each in November 2020 and July 2021.

This financial support is an important demonstration of the EU’s partnership and solidarity with Jordan. It has helped the country address its urgent financing needs, supported overall macro-economic stability and was a key driver of the implementation of transformative reforms.

With today’s disbursement, the EU has provided Jordan with €1.08 billion in MFA funds since 2013.

 

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Countries covered:

  • Jordan