Upcoming Events

International | Miscellaneous

no events match your query!

New Events

International

no events posted in last week

Blog Feeds

Anti-Empire

Anti-Empire

offsite link The War on Populism Is Building Toward a... Thu Sep 24, 2020 15:41 | CJ Hopkins

offsite link 90 Percent of New York City Bars and Res... Thu Sep 24, 2020 14:25 | Bernadette Hogan

offsite link Navalny Aide Warns Against Broad Sanctio... Thu Sep 24, 2020 13:23 | DW

offsite link Marine Corps Is Scheming New “Littoral... Thu Sep 24, 2020 11:43 | Paul McLeary

offsite link Dr. Scott W. Atlas Lays Down Some SCIENC... Thu Sep 24, 2020 09:49 | Anti-Empire

Anti-Empire >>

The Saker
A bird's eye view of the vineyard

offsite link Iran Says Houthis Use Its Military Know-How In Battle Against Saudi Arabia Wed Sep 23, 2020 23:41 | amarynth
South Front Iran has supplied Ansar Allah (also known as the Houthis) with technical expertise and know-how, a spokesman for the Iranian Armed Forces Brigadier General Abolfazl Shekarchi said on

offsite link Sinophobia, Lies and Hybrid War Wed Sep 23, 2020 19:15 | amarynth
by Pepe Escobar and with permission cross-posted with Asia Times It took one minute for President Trump to introduce a virus at the virtual 75th UN General Assembly, blasting ?the

offsite link Moveable Feast Cafe 2020/09/23 ? Open Thread Wed Sep 23, 2020 15:30 | Herb Swanson
2020/09/23 14:30:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link Jewish Settler Chief: ?Palestinians have no right to a state, Bible says Israel for the Jews? Wed Sep 23, 2020 14:36 | amarynth
Middle East Observer   Description: In an extended interview with the Israeli i24News Arabic channel, Jewish settler leader Daniella Weiss says that Palestinians have no right to establish a state,

offsite link Weekly China Newsbrief and Sitrep Wed Sep 23, 2020 12:29 | amarynth
By Godfree Roberts selected from his extensive weekly newsletter : Here Comes China Editorial Comments Now that the excitement of all the major Heads of Countries virtually speaking at the

The Saker >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Sarah McInerney and political impartiality

offsite link Did RTE journalists collude against Sinn Fein? Anthony

offsite link Irish Examiner bias Anthony

offsite link RTE: Propaganda ambush of Sinn Fein Anthony

offsite link Hong Kong and democracy Anthony

Public Inquiry >>

Human Rights in Ireland
A Blog About Human Rights

offsite link Right to Water Mon Aug 03, 2020 19:13 | Human Rights

offsite link Human Rights Fri Mar 20, 2020 16:33 | Human Rights

offsite link Turkish President Calls On Greece To Comply With Human Rights on Syrian Refugee Issues Wed Mar 04, 2020 17:58 | Human Rights

offsite link US Holds China To Account For Human Rights Violations Sun Oct 13, 2019 19:12 | Human Rights

offsite link UN Human Rights Council Should Address Human Rights Crisis in Cambodia Sat Aug 31, 2019 13:41 | Human Rights

Human Rights in Ireland >>

President Trump Authorizes Somalia Debt Relief

category international | miscellaneous | press release author Saturday December 21, 2019 15:12author by Kate Zeller - Jubilee USA Network Report this post to the editors

President Trump signed a year-end spending bill which authorizes the first phase of debt relief for Somalia.

Washington DC - President Trump signed a year-end spending bill which authorizes the first phase of debt relief for Somalia. Earlier in the week Congress passed the spending package which included $35 million to begin paying the principle of $1.1 billion in US held Somalia debt.

"Relieving Somalia's debt could mean building new roads, women's empowerment, kids going back to school and moving forward measures to end extreme poverty," stated Eric LeCompte, the Executive Director of the religious development group Jubilee USA. Jubilee USA worked on debt relief for Somalia for the last two years.

On Wednesday, the International Monetary Fund announced it is organizing the cancellation of its share of Somalia debt which stands at around $140 million.

"We are seeing good progress from the United States Government and the IMF on Somalia debt relief," noted LeCompte who serves on United Nations debt expert groups. "Almost three-quarters of the Somalia population lives in extreme poverty and debt relief is desperately needed."

Somalia owes about $4.6 billion in debt. The United States is the largest creditor holding $1.1 billion in Somalia debt. The majority of the remainder of the debt is held by the International Monetary Fund, World Bank, France and Italy.

Related Link: http://www.jubileeusa.org
© 2001-2020 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