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-778096
Committee on International Trade · Rapporteur: Céline Imart
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The draft report concerns a Commission proposal for a decision providing macro-financial assistance to Jordan. Parliament adopts its position at first reading, taking over the Commission proposal.¶¶ The proposed assistance is up to EUR 500 million in loans, with a validity period of two and a half years and disbursement in three tranches, conditional on policy conditions in a Memorandum of Understanding.¶¶
Committee position. The rapporteur proposes that Parliament adopt its position at first reading, taking over the Commission proposal without amendment.¶
Key points
- Parliament adopts its position at first reading, taking over the Commission proposal for macro-financial assistance to Jordan.¶
- The Commission proposes a new macro-financial assistance operation of up to EUR 500 million in loans to support Jordan's economic stability and cover residual financing needs.¶
- Parliament expects full transparency and regular information on progress towards policy conditions and fulfilment of pre-conditions, including respect for democratic mechanisms, rule of law, and human rights.¶
- The assistance complements an existing operation under Decision (EU) 2025/793 of EUR 500 million in loans for 2025–2027.¶
- The loan will be provided under the External Action Guarantee with a provisioning rate of 9%, amounting to EUR 45 million, programmed under NDICI–Global Europe.¶
- The MFA will have a validity period of two and a half years following entry into force of the Memorandum of Understanding, with disbursement in three tranches contingent on implementation of agreed policies.¶
Who is affected
Figures and deadlines
Legal basis: Article 294(2) and Article 212 of the Treaty on the Functioning of the European Union¶