EU and Jordan Sign €500 Million Macro-Financial Aid Package to Boost Economic Stability
The European Union has finalized for Jordan a new €500 million macro-financial aid (MFA) package to help Jordan strengthen its economy and pursue structural reforms. The agreement signed in Amman represents the fourth MFA program provided to Jordan and underlines the long-term commitment of the European Union under the European Union's Jordan strategic and comprehensive partnership. With the expectation of the first payment within a month, more than two and a half years of support will be issued in three installments. Jordan's disbursement in implementing alignment reforms with its national priorities is conditional.
Focus areas include public finance management, governance and anti-corruption, social security, green transition, and improvement in the business environment. The European Union and International Monetary Fund (IMF) will be jointly monitored. Jordan continues to face economic pressures associated with regional instability and the cost of hosting a large number of refugees. Since 2014, the European Union has already provided more than €1 billion in MFA assistance, including the financial changes of the country's weather, including the Covid-19 pandemic. To enhance Jordan’s persistent cooperation with the IMF through this new package.
To enhance Jordan’s persistent cooperation with the IMF through this new package.The European Commission has also proposed an additional €500 million fifth MFA program, which, if approved by the European Parliament and the Council, may support Jordan. The European Union (EU) will provide a €1 billion fund in the upcoming years. To enhance Jordan’s persistent cooperation with the IMF through this new package. Under its extended fund facility (EFF), Jordan has received about $400 million from USD 1.3 billion. In June 2025, the IMF also approved a 700 million flexibility and stability facility to support improvements in energy, water, and emergency preparations. By adding funds to average on status reforms, the European Union aims to increase the fiscal stability of Jordan, acts as a notable partner for steadiness in the Middle East by promoting permanent growth, and enhances flexibility.
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