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DRAFT 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

INTA-PR-766964

Committee on International Trade · Rapporteur: Céline Imart

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

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The draft report concerns a proposal for a decision to provide macro-financial assistance to Jordan. Parliament adopts its position at first reading, taking over the Commission proposal. The assistance is up to €500 million in loans to address Jordan's economic challenges, including high public debt and deficits, and to support reforms in public governance, fiscal management, and anti-corruption. The loan will be provisioned at 9% under the External Action Guarantee, with a validity period of two and a half years, and disbursed in three tranches conditional on policy implementation.

Committee position. The rapporteur proposes that Parliament adopt its position at first reading, taking over the Commission proposal without amendments.

Key points

  1. Parliament adopts its position at first reading, taking over the Commission proposal for macro-financial assistance to Jordan.
  2. The assistance is up to €500 million in loans, despite Jordan's request for €700 million.
  3. The loan will be provided under the External Action Guarantee with a provisioning rate of 9%, totaling €45 million, programmed under the NDICI-GE.
  4. The MFA will have a validity period of two and a half years following the entry into force of the Memorandum of Understanding.
  5. Disbursement will occur in three tranches, contingent upon full and timely implementation of agreed economic policies, including reforms in public governance, fiscal management, and anti-corruption.
  6. The assistance complements an IMF program approved in January 2024 of $1.2 billion over four years and is the fourth MFA operation since 2014, totaling €1.08 billion.

Who is affected

  • Jordan will receive up to €500 million in loans, subject to policy conditions, to support economic stability and reforms.
  • The EU will provision €45 million under the External Action Guarantee to cover risks.

Figures and deadlines

  • €500 million in loans proposed, despite Jordan's request for €700 million.
  • Provisioning at 9% of the total amount, or €45 million.
  • Validity period of two and a half years.
  • IMF program of $1.2 billion over four years, approved in January 2024.
  • Fourth MFA operation since 2014, totaling €1.08 billion.

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