Jordan: €200m in loans approved

On 6 December 2016, the Council adopted a decision providing €200 million in macro-financial assistance to Jordan, to help cover its balance of payments needs.

The EU assistance will help the country's economic stabilisation and will support a substantive reform agenda. It will supplement resources provided by the IMF, which has been discussing with Jordan a new support programme.

In the light of the challenges Jordan faces in hosting more than 1.3 millionSyrian refugees, the Commission will, if appropriate, make a proposal in 2017 to extend and increase the financial assistance.

• Primary Source

ESO: Background information: Employment, Social Policy, Health and Consumer Affairs Council, 8 December 2016 http://www.europeansources.info/record/employment-social-policy-health-and-consumer-affairs-council-8-december-2016/

ESO: Background information: Press Release: EU approves the disbursement of €80 million in Macro-Financial Assistance to Jordan http://www.europeansources.info/record/press-release-eu-approves-the-disbursement-of-e80-million-in-macro-financial-assistance-to-jordan/

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