New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

offsite link Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

offsite link Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

offsite link ?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

offsite link US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Anti-Empire >>

Lockdown Skeptics

The Daily Sceptic

offsite link A New Definition of Freedom of Speech: An Unsackable Late Night Host Thu Sep 25, 2025 09:00 | James Alexander
From liberal America, the people who brought you Covid and climate censorship and the assassination of Charlie Kirk, we have a new definition of free speech: the unsackable late night host, says Prof James Alexander.
The post A New Definition of Freedom of Speech: An Unsackable Late Night Host appeared first on The Daily Sceptic.

offsite link How Quakers Are Funding Open Borders Thu Sep 25, 2025 07:00 | Charlotte Gill
Quaker foundations pour millions into organisations promoting open borders, interfering in our democracy and undermining voters' clear wish for security. Charlotte Gill investigates.
The post How Quakers Are Funding Open Borders appeared first on The Daily Sceptic.

offsite link News Round-Up Thu Sep 25, 2025 00:46 | Richard Eldred
A summary of the most interesting stories in the past 24 hours that challenge the prevailing orthodoxy about the ?climate emergency?, public health ?crises? and the supposed moral defects of Western civilisation.
The post News Round-Up appeared first on The Daily Sceptic.

offsite link ?Serious Safety Concerns? as Trans Criminals Remain in Women?s Prison Despite Supreme Court Ruling Wed Sep 24, 2025 19:00 | Will Jones
Male trans criminals are still being held in a women's prison despite the Supreme Court ruling that sexes must be segregated, with the independent monitor reporting serious safety and welfare concerns.
The post “Serious Safety Concerns” as Trans Criminals Remain in Women’s Prison Despite Supreme Court Ruling appeared first on The Daily Sceptic.

offsite link The Antidote to Western Education Wed Sep 24, 2025 17:10 | Paul Frijters
Western education, riddled with progressive fads, has been grinding down the spirits of young people for decades. Now, a group of dissenting academics has decided to do something about it, says Professor Paul Frijters.
The post The Antidote to Western Education appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network
Voltaire, international edition

offsite link Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

offsite link Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

offsite link Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

offsite link Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

offsite link The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

World Bank Announces Package of Aid and Loans to Ebola-Affected Countries

category international | economics and finance | news report author Friday April 17, 2015 15:22author by Sophia Har - Jubilee USA Network Report this post to the editors

The World Bank announces $650 million in new concessional loans and grants for Sierra Leone, Guinea, and Liberia at the start of the Spring IMF and World Bank meetings.

As the Spring International Monetary Fund (IMF) and World Bank meetings open, the World Bank announced $650 million of new grants and concessional loans to the countries of Sierra Leone, Guinea and Liberia. About $220 million will be aid in the form of grants and the remainder will be in the form of highly concessional loans. Currently the three countries owe a combined $518 million to the World Bank. Liberia owes $105 million, Guinea $186 million and Sierra Leone $227 million.

“We urge the World Bank Group to consider bolstering their commitments with a new debt relief package for the impacted countries,” said Eric LeCompte, executive director of the religious development coalition, Jubilee USA Network. “We applaud the new aid for the affected countries and hope that the World Bank can come up with some rapid response plan to address this kind of crisis much faster in the future.”

The new financing is through the World Bank's International Development Association (IDA). The IDA determines its lending terms based on the borrowing country's risk of "debt distress." The new IDA financing will be distributed as approximately 50% grants to Sierra Leone and Guinea and 100% as loans to Liberia. The loans will be repaid over 25 to 38 years. In February, the IMF announced $100 million in debt relief for the three West African countries and called on governments to contribute $70 million more. The IMF also set up a new debt relief fund for poor countries struck by natural disasters or health crises.

"As a development institution, we need the World Bank to respond faster," said LeCompte, who serves on United Nations expert groups on debt. "It's ironic that the innovation for dealing with this crisis and future crises is coming from the IMF, whose mission is not development. World Bank innovation would look like a permanent facility to solely administer grants when the poorest countries face crisis."

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy