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REPORT (COM(2024)0159 – C90146/2024 – 2024/0086(COD))

On the proposal for a decision of the European Parliament and of the Council on providing macro-financial assistance to the Hashemite Kingdom of Jordan

A-10-2025-0038

Committee on International Trade · Rapporteur: Céline Imart

✦ In short · AI summary of this text, generated 4 Sept 2026

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Parliament adopts its position at first reading, taking over the Commission proposal for macro-financial assistance to Jordan of up to €500 million in loans. The assistance aims to cover Jordan's residual financing needs, support economic stability, and is conditional on reforms in public governance, fiscal management, and anti-corruption.

Committee position. The Committee on International Trade proposes that Parliament adopt its position at first reading, taking over the Commission proposal unchanged.

Key points

  1. Parliament approves the Commission proposal for macro-financial assistance to Jordan of up to €500 million in loans.
  2. The loan will be provided under the External Action Guarantee with a provisioning rate of 9%, totaling €45 million, programmed under NDICI-GE.
  3. The assistance will be disbursed in three tranches over two and a half years, conditional on implementation of agreed economic policies.
  4. Jordan faces high unemployment (22.9% in 2022), public debt (88.7% of GDP in 2023), and budget deficit (5.1% of GDP in 2023).
  5. Jordan hosts 1.3 million Syrian refugees out of 3.8 million total refugees, about one-third of its population.
  6. The assistance complements an IMF program approved in January 2024 of $1.2 billion over four years.
  7. This is the fourth MFA operation for Jordan since 2014, totaling €1.08 billion to date.
  8. The Committee on Budgets notes the proposal requires €45 million in provisioning and may need revision if financial realities change.
  9. Disbursement will occur in three instalments between 2024 and 2027, linked to progress on IMF programme and policy measures.
  10. A precondition for assistance is Jordan's respect for effective democratic mechanisms and human rights.
  11. Proper monitoring and regular reporting to Parliament and Council on assistance developments are called for.

Who is affected

  • Jordan: receives up to €500 million in loans, subject to reform conditions and respect for democratic principles.
  • EU budget: incurs contingent liabilities from the loan, with provisioning of €45 million.

Figures and deadlines

  • €500 million: maximum amount of macro-financial assistance in loans.
  • 9%: provisioning rate under the External Action Guarantee, amounting to €45 million.
  • 22.9%: unemployment rate in Jordan in 2022.
  • 88.7% of GDP: public debt in 2023.
  • 5.1% of GDP: budget deficit in 2023.
  • 1.3 million: Syrian refugees in Jordan.
  • €1.08 billion: total MFA to Jordan since 2014.

Legal basis: Article 294(2) and Article 212 of the Treaty on the Functioning of the European Union