Khaberni - Exclusive - Data distributed by Jordanian Finance Minister Abdul Hakeem Al-Shibli and analyzed by the site Khaberni shows that the government of Faisal Al-Fayez, whose term extended from October 2003 until April 2005, was the only one in which Jordan's public debt did not increase.
According to the data, public debt during Al-Fayez's government decreased by about 100 million dinars, and this is Khaberni which contradicts other governments where Jordan's public debt saw varying leaps borne by the Jordanian people.
Observers explained to Khaberni that the reason for the non-increase in debt was due to the influx of Gulf grants to Jordan after the fall of Saddam Hussein's regime.
They pointed out that the grants came thanks to the special relationship between (later King) Abdullah bin Abdulaziz, the Crown Prince of Saudi Arabia at the time, and Sheikh Sabah Al-Ahmad Al-Sabah, the Prime Minister and first man in Kuwait at the time, and King Abdullah II bin Al-Hussein.
They stated to Khaberni that the grants were at the disposal of the government to direct them to cover the budget deficit, instead of the current requirement by donor countries to direct aid in the form of grants for establishing projects.
The equation of Gulf grants to Jordan changed and became linked to specific projects such as roads due to fears of using these funds Khaberni in failed government investments such as with the social security funds in stocks and the Attarat issue Khaberni, the Postal Company, Emaar, Decent Housing, the Integrated Transport Khaberni, and others.
And Jordanians were not shocked when Minister Shibli’s chart Khaberni showed Bisher Al-Khasawneh, owner of the phrase "The future is brighter", followed by Abdullah Ensour, owner of the phrase "I feel the pain just like you", topping the list of prime ministers who incurred the most public debt.
