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FinancialNews


  • 10-09-19

    Jordan receives EU financial aid offer

    (MENAFN) Jordan received an offer from the European Commission on an USD552.67 million Macro-Financial Assistance (MFA) initiative.

    The EC made the financial aid offer with a purpose to back Jordan's reform plan, encouraging the creation of job opportunities, growth and investment.

    Commissioner Pierre Moscovici explained that the offer shows the EU's "sustained commitment to supporting Jordan in what remain challenging times."

    Moscovici added "Jordan has made significant strides in its reform process, but addressing economic difficulties requires continued action. The commission stands ready to work closely with the Jordanian authorities to deliver the vital economic reforms necessary to secure a stronger, more stable economy for the benefit of its people."

    MENAFN1009201900450000ID1098986713

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