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Al-Raqab reviews public debt with 18 questions
The article addresses a parliamentary question posed by Deputy Dr. Ahmad Al-Raqab regarding the state of public debt in Jordan. He requested clarifications on the size of both internal and external debt, the creditor entities, borrowing conditions, interest rates on loans, as well as the mechanisms for repayment and the ways in which borrowed funds are used. Additionally, he discussed the protection of social security fund assets, the risks that obligations pose to public finances, and the necessity of establishing a unified electronic register for public debt to enhance oversight. He emphasized the importance of evaluating the returns from projects financed by loans to ensure their development and socio-economic benefits. The purpose of this inquiry is to increase transparency and improve procedures to ensure the effective management of debt and to prevent shouldering financial burdens without clear developmental returns.
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