This new financial assistance programme is designed to support the country's ambitious reform agenda, promoting jobs, growth and investment for the benefit of the people of Jordan. It builds on the success of the two previous MFA programmes through which the EU has already disbursed a total of €380 million to Jordan since 2011. MFA funds will be made available in the form of low-interest, long-term loans. Disbursements under the proposed programme will be strictly conditional on the implementation of specific policy measures to be agreed between the EU and Jordan, and set out in a Memorandum of Understanding. They will also be conditional upon the proper implementation by Jordan of an IMF programme.