Recitals
- Recital (1)Relations between the Union and the Hashemite Kingdom of Jordan (Jordan) are developing within the framework of the European Neighbourhood…
- Recital (2)Since 2011, Jordan has embarked on a number of political reforms to strengthen parliamentary democracy and the rule of law. A…
- Recital (3)The Jordanian economy has suffered significantly from protracted conflicts in the region, in particular in neighbouring Syria, and most…
- Recital (4)The war in Israel-Gaza that commenced in October 2023 brings with it very substantial downside risk to the economic outlook, in particular…
- Recital (5)In January 2020, the Union adopted a third macro-financial assistance programme (MFA-III) of EUR 500 million in the form of loans, in…
- Recital (6)MFA-III included a joint statement by the European Parliament, the Council and the Commission in which the Commission, in light of the…
- Recital (7)In that challenging context, the Union and the international community expressed their commitment to supporting Jordan on several…
- Recital (8)Since the beginning of the Syrian crisis in 2011, the Union has made available approximately EUR 3500 million to Jordan under various…
- Recital (9)For the period 2021-2024, the Union bilateral indicative allocation (grants) to Jordan under the Neighbourhood, Development and…
- Recital (10)In October 2023, in view of the persisting difficult economic situation and outlook, Jordan requested additional macro-financial assistance…
- Recital (11)Given that Jordan is a country covered by the ENP, it is considered eligible to receive macro-financial assistance from the Union.
- Recital (12)The Union’s macro-financial assistance should be an exceptional financial instrument of untied and undesignated balance-of-payments…
- Recital (13)Given that a residual financing gap remains in Jordan’s balance of payments over and above the resources provided by the IMF and other…
- Recital (14)The Union’s macro-financial assistance should aim to support the restoration of a sustainable external financing situation for Jordan,…
- Recital (15)The Union’s macro-financial assistance is expected to go hand-in-hand with the implementation of budget support operations under NDICI-GE.
- Recital (16)The determination of the amount of the Union’s macro-financial assistance should be based on a complete quantitative assessment of Jordan’s…
- Recital (17)The Commission should ensure that the Union’s macro-financial assistance is legally and substantially in accordance with the key principles…
- Recital (18)The Union’s macro-financial assistance should support the Union’s external policy towards Jordan. The Commission and the European External…
- Recital (19)The Union’s macro-financial assistance should support Jordan’s commitment to values shared with the Union, including democracy, the rule of…
- Recital (20)A precondition for granting the Union’s macro-financial assistance should be that Jordan respect effective democratic mechanisms, including…
- Recital (21)In order to ensure that the Union’s financial interests linked to the Union’s macro-financial assistance are protected efficiently, Jordan…
- Recital (22)The release of the Union’s macro-financial assistance is without prejudice to the powers of the European Parliament and the Council as…
- Recital (23)The amounts of provisioning required for the Union’s macro-financial assistance should be consistent with the budgetary appropriations…
- Recital (24)The Union’s macro-financial assistance should be managed by the Commission. In order to ensure that the European Parliament and the Council…
- Recital (25)In order to ensure uniform conditions for the implementation of this Decision, implementing powers should be conferred on the Commission.…
- Recital (26)The Union’s macro-financial assistance should be subject to economic policy and financial conditions, to be set out in a memorandum of…
Text as published in the Official Journal; for the authentic version, see EUR-Lex.
