AMMAN —
Yusuf Mansur, former Jordanian minister
of state for economic affairs, has critiqued the government's economic
approach. He emphasizes that the government primarily relies on
borrowing to cover salaries, pensions, and debt, rather than investing in productive
projects.
اضافة اعلان
Mansur draws attention to a long-standing
issue warned about in the
2005 National Agenda document: borrowing to cover
salaries, pensions, and debt can lead to a growing debt burden.
This approach stands in contrast to the
economic principle that governments should borrow for projects that generate
returns.
Lack of investments in infrastructure
He also emphasizes the lack of investment to
improvements in
national infrastructure, particularly in transportation. He
underscores that robust transportation systems are pivotal for job
opportunities, especially for women. However, government decisions have often
overlooked these critical needs.
Highlighting the case of the
National Carrier project, originally intended to create a substantial waterway but later
significantly downsized. He suggests that if the government had
borrowed to complete the original project, it could have brought substantial benefits to
the region.
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