Tag: Government

In Gold They Trust

A whirlwind of speculations and denials unleashed by an alleged gold discovery has again got us asking who’s really to blame for the low level of trust between Jordanians and their government? The Economist- Yusuf Mansur For yet another dispiriting…

Jordan and the Iraqi Predicament

Editor’s letter Dina al-Wakeel While Jordan has so far thankfully managed to insulate itself from the violence engulfing its neighbors, the Kingdom’s economy has still taken a hit. According to sources, exports to Iraq, Jordan’s number one trading partner, dropped…

Shunning Civic Duty

A lack of civic responsibility is behind many of the problems we face today. By Osama Al-Sharif In Karak a few months back, someone decided they were perfectly entitled to riddle a major water pipe with bullets so that their…

The Buyback that Didn’t Fly

Our media proved its worth by exposing government plans to quietly buy back shares in our national carrier without proper oversight. By Osama al-Sharif By now you would have thought the government should have learned its lesson regarding the need…

More Debt, Little Growth

The Ensour government likes to crow about its achievements. But I can’t see any, beyond boosting the national debt to new highs with little to show for it. The Economist- Yusuf Mansur The national debt increased by the end of May…

The Lure of Easy Money

Editor’s letter- Dina al-Wakeel In a blatant challenge to Western nations that have long dominated the global financial system, the BRICS emerging economics have decided to establish their own $50 billion development bank. Noble as the idea may be, its…

Setting the Privatization Record Straight

Many still suspect major mistakes were made during Jordan’s controversial privatization drive. A year-long investigation led by Omar Razzaz, chairman of the Privatization Evaluation Committee, has now concluded the sell-off of public assets was by and large smoothly executed, but…

As the Debt Grows

Most governments borrow money, but it’s how they spend it that counts. The Economist- Yusuf Mansur Jordan’s current debt-to-GDP ratio has been much higher in the past, so why is it suddenly attracting more grumbling than ever before? Net public…