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December 26, 2014 / 4 Tevet, 5775
 
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Jordan Crushed by Debt while Helping Fleeing Syrian Refugees

The country of 6 million is trying to absorb one million Syrians.
Jordan's Prime Minister Abdullah Ensour

Jordan's Prime Minister Abdullah Ensour

Jordan’s Prime Minister Abdullah Ensour says the international community must do more than merely offer goodwill to help his country deal with the influx of Syrian refugees escaping the civil war ravaging their homeland, CNBC reported.

Ensour outlined how Jordan, with a population of six million—most of them Palestininas—is having great difficulty dealing with about one million refugees. “You can imagine the burden,” he said. “The impact of the presence of so many refugees who have nothing in their hands and who need shelter, need food, need medicine: they represent pressure on our resources.”

When asked whether the international community was doing enough, Ensour blunt responded: “Not much is coming, to be honest. We only have sympathy, understanding and goodwill, but that’s all and that does not suffice. These refugees expect three meals a day, they need shelter, hospitals, schools; all kinds of needs.”

According to CNBC, the World Bank promised an extra $150 million in aid to help Jordan with the cost of helping Syrian refugees, having already pledged $250 million in January, 2012, to help the country deal with its economic downturn.

Except that Jordan’s finances are already controlled by International Monetary Fund budget deficit targets, which means that the money coming in to support Syrian refugees, may be going out to pay the country’s debt to the IMF.

“Now, we don’t know what will happen between now and the end of the year. Definitely more burden and therefore more deficits on the budget. It will be very, very difficult,” Ensour said.

Jordan is planning, among other measures, to stop subsidizing electricity, which could affect its products’ ability to compete abroad (e.g. Israel).

Jordan is now trying to raise around $2 billion in bonds backed by the U.S. government, which Ensour told CNBC would be “very, very helpful. It will cut down expenses and it will for sure bring more interest in the interaction.”

Perhaps this would be a good time for Jordan to lay off the “peace process” next door in Israel and try to concentrate on the gaping deficits at home.


About the Author: Yori Yanover has been a working journalist since age 17, before he enlisted and worked for Ba'Machane Nachal. Since then he has worked for Israel Shelanu, the US supplement of Yedioth, JCN18.com, USAJewish.com, Lubavitch News Service, Arutz 7 (as DJ on the high seas), and the Grand Street News. He has published Dancing and Crying, a colorful and intimate portrait of the last two years in the life of the late Lubavitch Rebbe, (in Hebrew), and two fun books in English: The Cabalist's Daughter: A Novel of Practical Messianic Redemption, and How Would God REALLY Vote.


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4 Responses to “Jordan Crushed by Debt while Helping Fleeing Syrian Refugees”

  1. Kerry should have offered Jordan financial aid instead of the already over-aided palestinian arabs

  2. John Keytack says:

    The plight of refugees is always a problem. Turkey and Jordan have both absorbed a number of people from the conflict in Syria. The problem is the current relief efforts are not sustainable. There needs to be a coordinated effort on the part of charitable organizations and government bodies, but not necessarily by the U.N.

  3. Jordan was in major debt prior to the Syrian Civil War. They produce nothing and live off of hand outs from the West.

  4. Arie's Pragmatic Politics says:

    And like other muslims before them, they are blaming the Jewish State and the "Jew banks" for their predicament. I am shocked.

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