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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

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Human Rights in Ireland
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Lockdown Skeptics

The Daily Sceptic

offsite link Angela Rayner?s Lawyers: We Never Gave Her Tax Advice Thu Sep 04, 2025 19:11 | Will Jones
Angela Rayner's?lawyers claim they have been made "scapegoats" and did not give her tax advice, as experts say the Deputy PM "cut corners" by using a cheaper local law firm.
The post Angela Rayner’s Lawyers: We Never Gave Her Tax Advice appeared first on The Daily Sceptic.

offsite link Ethiopian Asylum Seeker, 41, Found Guilty of Trying to Kiss Schoolgirl, 14, in Sexual Assault that T... Thu Sep 04, 2025 17:00 | Will Jones
A migrant who tried to kiss her a schoolgirl and later groped a woman who came to her aid ? attacks that triggered the Epping hotel protests ? was convicted of sex offences today.
The post Ethiopian Asylum Seeker, 41, Found Guilty of Trying to Kiss Schoolgirl, 14, in Sexual Assault that Triggered Epping Hotel Protests appeared first on The Daily Sceptic.

offsite link And the Legacy Media Wonder Why Nobody Trusts Them Thu Sep 04, 2025 15:39 | Dr James Allan
Minnesota school shooter Robert Westman wrote "kill Donald Trump" on his gun.?But the legacy media reported he had written "Donald Trump's name on his gun". And they wonder why nobody trusts them, says Prof James Allan.
The post And the Legacy Media Wonder Why Nobody Trusts Them appeared first on The Daily Sceptic.

offsite link Britain is Descending into Anarcho-Tyranny ? We Need a First Amendment Thu Sep 04, 2025 13:34 | Will Jones
Britain is descending into an anarcho-tyrannical state and needs its own US First Amendment to protect freedom of speech from our censorious overlords, says Allister Heath in his latest blistering Telegraph column.
The post Britain is Descending into Anarcho-Tyranny ? We Need a First Amendment appeared first on The Daily Sceptic.

offsite link Vandals Graffiti Rayner?s Seaside Home Thu Sep 04, 2025 11:32 | Will Jones
Angela Rayner?s seaside apartment has been vandalised with graffiti?branding her a "tax evader".
The post Vandals Graffiti Rayner’s Seaside Home appeared first on The Daily Sceptic.

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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

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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

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