For a whole week now, Jordan has been shaken by nonstop waves of protests against the draft law on reforming tax reform, for which the IMF lobbied for adoption. This reform calls for significant growth in the income tax. As a result, from June 1 prices in Jordan have already risen 5.5% for natural gas, 16.4% for gasoline, and 19% for electricity. According to data of Jordan’s Ministry of Finance, at the end of 2017 the national debt stood at 38.5 billion dollars or 95.3% of GDP. By 2021, the IMF’s proposed measures should reduce Jordan’s national debt to 77% of gross domestic product.
Clearly, once again the familiar scheme for “honest” fleecing of money from a government, conceived back in 1982 by Professor John Williamson of the Institute for International Economics, has shown itself. In the USA’s government and among its financial elite, this arrangement, by which the IMF today plunders whole countries, has received the name “Washington Consensus.” In just recent years, the IMF’s interference in international economic politics has resulted in the ruin of countries, such as Argentina, Ireland, Spain, Greece, Yugoslavia, and Somalia. The IMF pursues truly just one goal – impoverishment of weaker states with the subsequent appropriation of their assets. Moreover, this is done in favor of the United States of America, whose leading role in the IMF brings Washington colossal benefits. At the same time, the IMF does not give money for commercial projects, but provides funds exclusively for structural modernization of an economy, and the machinery of government as a whole.
The resignation of Jordan’s Prime Minister Hani Al-Mulki, and appointment of Omar al-Razzaz, who must form a new government, has not helped stem the growing wave of protests. Jordanians feel that they are in dire need of modern electoral legislation. That must be formulated with the participation of all the country’s political forces.
Jordanians understand that the majority of their problems arise from politicians. Acute attention is devoted to reformation of the system, yet Jordan, like other Arab kingdoms, is an absolute monarchy. The king holds the reins of power, and exercises authority, which covers all institutions of government. He also has the ability to dissolve the elected legislative branch. “Color revolutions” in Tunisia and Egypt have already swept aside such authoritarian rulers,