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FinancialNews


  • 10-12-18

    Jordan receives USD2.2b EU aid in 7 years

    (MENAFN) The European Union (EU) financial aid for Jordan stood at USD2.2 billion in seven years, as the two sides created close and tough relations.

    The figure was unveiled by Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, in a European Commission report.

    "The EU financial support to Jordan since 2011 has reached EDU2 billion (USD2.2 billion) and I can confirm that the EU will keep working with Jordan to strengthen its resilience by creating opportunities, promoting entrepreneurship, to generate economic growth and attracting foreign investors," the commissioner stated.

    "Jordan is a key partner for the EU," the commissioner stressed after embarking on a trip to Jordan few weeks ago.

    "Our support is for the long-term, and the EU will continue to work with the Government to create opportunities, promote entrepreneurship and generate economic growth. This visit will allow me to identify how the EU can further support economic development and reforms in Jordan to strengthen the economy and attract foreign investors," Hahn added.

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