This evaluation was concluded in September 2021 and represents the first example of a joint evaluation of two Macro-Financial Assistance (MFA) operations combined.
The major objective of the ex-post evaluation of MFA is to learn key lessons, which can be applied to future MFA interventions and/or the possible need for a reorientation of the present approach.
The evaluation assessed the effects of the MFA II operations provided by the European Union (EU) to Tunisia and Jordan over the period 2016 - 2019. Given regional similarities, overlapping implementation timeframes and comparable conditionality, the joint evaluation analysed key similarities, differences and patterns across the two interventions, including their regional impact in the EU’s Southern
Neighbourhood.