European Parliament Approves $540 Million Aid Package for Jordan
The European Parliament on Tuesday approved a €500 million ($540 million) financial assistance package for Jordan, aimed at bolstering the kingdom’s economy and reinforcing its role as a stabilizing force in the Middle East. The decision, backed by 571 members of the European Parliament, comes as part of a broader effort by the European Union to deepen its strategic ties with Jordan.
Sufian Qudah, spokesperson for Jordan’s Foreign Ministry, welcomed the vote and said the European Commission is expected to propose an additional €500 million package soon. He described the support as recognition of Jordan’s contribution to regional peace and its longstanding partnership with the EU.
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The assistance falls under the framework of the Macro-Financial Assistance program, which supports countries facing balance-of-payments difficulties, especially those maintaining close political and economic ties with the European Union.
In January, Jordan and the EU formalized their relationship by signing a Comprehensive Strategic Partnership Agreement. Under this agreement, Jordan is set to receive approximately 3 billion euros in aid between 2025 and 2027, covering multiple areas including economic reform, energy, and refugee assistance.
The EU has been one of Jordan’s largest financial backers, particularly as the country continues to host hundreds of thousands of Syrian refugees and grapples with economic challenges worsened by regional instability and global financial pressures.
