4 Amendments of Pierre-Romain THIONNET related to 2024/0086(COD)
Amendment 7 #
Proposal for a decision
Recital 3
Recital 3
(3) The Jordanian economy has suffered significantly from protracted conflicts in the region, notably in neighbouring Syria, and most recently in Israel/Gaza and the Red Sea. Since the start of the war in Syria, the Jordanian economy has been impacted by a large inflow of Syrian refugees, which has increased pressure on its fiscal position, public services and infrastructure. In addition to regional instability, the macroeconomic and fiscal challenges related to the COVID-19 pandemic in 2020/2021, commodity price developments following Russia’s invasion of Ukraine in 2022, high exposure to trade fluctuations and the increase of borrowing costs for emerging markets globally continued to weigh on the Jordanian economy. As a result, Jordan experienced an economic contraction in 2020, followed by a slow economic recovery, as unemployment increased significantly in 2020 and remained high, and new fiscal and external financing needs emerged. As regards the supply of raw materials, Jordan will soon have one of the world’s largest seawater desalination plants, a vital project for a country facing water shortages. The project will be carried out by a consortium led by a French company and supported by the European Investment Bank with a loan of EUR 300 million.
Amendment 24 #
Proposal for a decision
Recital 19
Recital 19
(19) The Union’s macro-financial assistance should support the Union’s external policy towards Jordan. Commission services and the European External Action Service (EEAS) should work closely together throughout the macro-financial assistance operation in order to coordinate, and to ensure the consistency of, Union external policy. Jordan is a key partner of the EU and its Member States, given the stability of its regime and its commitment to peace in the Middle East.
Amendment 28 #
Proposal for a decision
Recital 20
Recital 20
(20) The Union’s macro-financial assistance should support Jordan’s commitment to values shared with the Union, including democracy, the rule of law, good governance, respect for human rights, the fight against radical Islamism, regional stability, sustainable development and poverty reduction, as well as its commitment to the principles of open, rule- based and fair trade.
Amendment 34 #
Proposal for a decision
Recital 21
Recital 21
(21) A pre-condition for granting the Union’s macro-financial assistance should be that Jordan respects effective democratic mechanisms – including a multi-party parliamentary system – and the rule of law, and guarantees respect for human rights and the rights of Christian minorities. In addition, the specific objectives of the Union’s macro-financial assistance should strengthen the efficiency, transparency and accountability of the public finance management systems in Jordan and promote structural reforms aimed at supporting sustainable and inclusive growth, employment creation and fiscal consolidation. Both the fulfilment of the pre-conditions and the achievement of those objectives should be regularly monitored by the Commission and the EEAS.