Avi Trengo in YNet bursts the Fayyad balloon, in a two-part article:
Fayyad is not a military leader. He is building himself up as a political leader, yet there is no better way to judge his actions than to examine his deeds on the economic front, thereby exposing the immense gap between his words and intentions.Read the whole thing.
Had his intention indeed been to be the Palestinian Ben-Gurion, he would have been acting for the sake of economic independence and the building of an infrastructure for the state in process. Instead, Fayyad dedicated the huge funds he’s been receiving from the world to paying salaries, in a bid to boost his support. He remembers well that the party he established years ago won less than 2% of the vote in the elections. Just like any politician, this is what truly interests him: building a support base.
Recently, he started rewarding not only the 150,000 employees of the Palestinian Authority and its security arms. Fayyad established a fund (seemingly for development purposes) that hands over funds directly from donor states to salaries in more than 500 city halls and local councils established in the PA. In the past 16 years, these grew fivefold.
The Palestinian prime minister boasts of being an economic reformer, yet in practice the growth we have seen under his leadership originates in greater international aid, which has been growing as result of a promise he has not delivered on: Minimizing Palestinian government bureaucracy.
He also wants us to continue serving as his excuse for not investing the funds at his disposal in development – each report he submits to the World Bank is replete with excuses as to why the development funds had not been fully used. Would you like to guess who he blames?
Had Palestinian Prime Minister Salam Fayyad possessed real plans for independence, he would already be starting to prepare an infrastructure for independent Palestinian currency. A state that wants to develop a private sector and the ability to reward exports cannot do it by a clinging to the shekel – the currency of a modern and highly developed economy like Israel’s.
As an economist who worked for the International Monetary Fund, Fayyad knows well that the ability to carry out currency depreciation is the most important capacity demanded by the IMF from any independent state, yet this is apparently unfit for “Palestine.”
This is clear proof that he does not intend to promote real independence. He wants to continue relying on us and remain in an undefined state of half-occupation and half “independence” until demography plays its part. What Hamas is trying to do militarily, and what Arafat attempted to do diplomatically, Fayyad seeks to do economically.