
The European Union (EU) on Friday provided a loan of 80 million euros to Jordan as the second tranche of the Macro-Financial Assistance (MFA) programme, with the loan totally reaching 180 million euros.
The first disbursement under the MFA programme to Jordan, amounting to 100 million euros, took place on 10 February 2015, according to a statement.
"Jordan is an important partner for the European Union and we are committed to helping the Jordanian people cope with the knock-on effects of the severe crises the Middle East is experiencing," said Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs.
"Today's decision is a further concrete sign of our solidarity. We are living up to our promise to support Jordan's economic reforms to boost growth and job creation," he added.
The EU's assistance came in addition to other forms of EU support to Jordan that includes energy policy, employment and private sector development, it said in the statement.
The EU said it has provided more than 300 million euros to Jordan since the beginning of the Syrian crisis, helping the country address its related humanitarian, development and security needs.
The Macro-Financial Assistance (MFA) is an exceptional EU crisis-response instrument available to EU neighbouring partner countries experiencing severe balance of payments problems. It is complementary to the assistance provided by the International Monetary Fund.
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor