On Monday 8 April, the European Commission proposed that the European Union provide macrofinancial assistance of up to €500 million to Jordan.
This aid, which will be provided in the form of loans at preferential rates, will be aimed at supporting Jordan’s public finances as well as structural reforms agreed between the country’s authorities and the EU and set out in a Memorandum of Understanding (MoU) (tax administration, labour market reform, fight against fraud, corruption and...