Changes from plenary report to adopted text

RemovedIn line with previous MFA agreements, the European Parliament expects the Commission to provide full transparency and regular information about the progress towards implementation of the economic policy conditions to be agreed in a Memorandum of Understanding, as well as of the fulfilment of relevant pre-conditions for disbursement, specifically of the political pre-condition whether Jordan respects effective democratic mechanisms, including a multi-party parliamentary system and the rule of law, and guarantees respect for human rights.

RemovedFor the record, given the series of external shocks and Jordan’s strategic role in promoting regional stability, the country has received substantial international support over the past decade through various international partners. This includes four consecutive IMF programmes since 2012, four MFA operations by the EU since 2014 (prior to the present proposal), significant US assistance, and targeted support for hosting Syrian refugees.

Removed– The first three MFA programmes (MFA I: EUR 180 million; MFA II: EUR 200 million; MFA III: EUR 500 million plus EUR 200 million top-up in response to the COVID-19 crisis) provided a total of EUR 1.08 billion in loans between 2014 and 2023. Moreover, following a request by the Jordanian authorities on 8 October 2023, the EU adopted a new MFA IV operation in 2025, amounting to EUR 500 million, with three disbursements planned over 2025–2027. The MFA IV will be disbursed upon fulfilment of agreed policy conditions in the Memorandum of Understanding (MoU), covering measures in public financial management, governance and anti-corruption, social and labour market policies, as well as in the energy and business environment.

Removed– Jordan is also making good progress under the USD 1.2 billion IMF Extended Fund Facility (2024–2027), which has completed three positive reviews to date (the most recent concluded in April 2025). Furthermore, on 25 June 2025, the IMF approved approximately USD 700 million under the Resilience and Sustainability Facility (RSF) to support reforms addressing climate-related and pandemic-preparedness risks.

Removed– Although temporary uncertainty remains around the disbursement of US budget support in 2025, Jordan has successfully mobilized critical external financing from the World Bank and GCC partners.

RemovedThis new MFA assistance is designed to address pressing economic challenges, including high public debt, a structurally elevated budget deficit (5.6% of GDP in 2024, an increase compared to 2023), and persistent external deficits (averaging around 6.5% of GDP over the last five years). It also aims to mitigate the fiscal constraints exacerbated by recent crises, such as the COVID-19 pandemic and regional instability.

RemovedThe proposed MFA would complement the resources allocated to Jordan under the existing operation adopted by the European Parliament and the Council on 14 April 2025 under Decision (EU) 2025/793 on providing MFA to the Hashemite Kingdom of Jordan amounting to EUR 500 million in loans to be disbursed during the period 2025–2027.

RemovedThe political and economic conditions necessary for granting the proposed MFA are fulfilled, as confirmed by the Commission’s evaluation of Jordan’s current situation. The loan will be provided under the External Action Guarantee with a provisioning at a rate of 9%, amounting to EUR 45 million to be programmed under the NDICI–Global Europe instrument.

RemovedThe MFA will have a validity period of two and a half years following the entry into force of the Memorandum of Understanding (MoU). The disbursement of funds will occur in three tranches, contingent upon the full and timely implementation of the agreed economic policies outlined in the MoU. These policies include ambitious reforms in key areas such as public governance, fiscal management, and anti-corruption efforts, ensuring that EU support contributes to Jordan’s long-term economic resilience and stability.

RemovedJordan is a key partner in the region, able to engage in dialogue with various geopolitical actors in the Middle East. Bilateral political dialogue and economic cooperation have been further developed within the framework of the Association Agreement, the EU–Jordan Partnership Priorities adopted for 2022–2027, and the Strategic and Comprehensive Partnership signed in January 2025. The proposed MFA therefore reflects the EU’s strong commitment to supporting Jordan as a reliable partner in a highly volatile region.