IMF and World Bank Consider Somalia Eligible for Assistance Under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative

[Che -Guevara]

Few Somali leaders are generous with giving credit to other actors.

[Che -Guevara]

1 hour ago, Abdul said:

 

 

[Che -Guevara]

 

[Miskiin-Macruuf-Aqiyaar]

Inta u halgantay wey ku wada mahadsanyihiin horumarkaan, ka koow yihiin wasiir C/raxmaan Ducaale Beyle iyo ra'iisul wasaaraha Xasan Cali Kheyre.

[Che -Guevara]

Dr. Beileh is a national treasure. I remember people mocking his monthly press conference, no needless to say hada waa jiiq.

[Old_Observer]

11 hours ago, Che -Guevara said:

 

Norway. SomaliPM...

There is even no hiding these days. Everyone is bold. What does Norway, SomaliPM, Banking and money have to do in one sentence.

[Che -Guevara]

There's no free lunch.

[Che -Guevara]

 

[Che -Guevara]

 

[Miskiin-Macruuf-Aqiyaar]

Barlamaanka Sweden oo meel mariyay in 2 Milyan Yuuro ah lagu taageero deynta cafinta Soomaaliya

Baarlamaanka Sweden ayaa u codeeyay in Sweden bixiso 2 milyan oo Yuuro oo lagu taageerayo cafinta deynta Soomaaliya uu ku leeyahay Sanduuqa Lacagta Adduunka (IMF).

Codbixinta ayaa si wada jir ah loogu taageeray soojeedinta marka laga reebo tobanka xildhibaan ee ka tirsan ergada garabka midig ee xisbiga Sverigedemokraterna, kuwaas oo dhamaantood ka soo horjeestay arrintaas, sida lagu sheegay warbixin uu qoray Avpixlat oo barta internetka ee xiriirka dhow la leh xisbiga diidan soogalootiga Sweden.

Kahor codbixinta, Dennis Dioukarev, oo ah xildhibaan ka tirsan xisbiga dimuqraadiga ah ee Sweden oo wakiil ka ah magaalada Gothenburg, ayaa su’aal ka keenay sababta ay tahay in loo adeegsado hantida canshuuraha Sweden in lagu bixiyo deynta Soomaaliya.

Go'aanka Baarlamaanku wuxuu si gaar ah u tixgeliyay in adduunku uu hadda galayo hoos u dhacii ugu xumaa ee dhaqaale taas oo ay sabab u tahay  masiibada cudurka 'Cohannavirus' (COVID-19).

Soomaalidu waxay ka mid yihiin bulshooyinka soogalootiga ah ee ugu waaweyn dalka Sweden. Waxaa la qiyaasayaa in ay hada kunool yihiin 300,000 oo Soomaali ah oo kunool Sweden.

Inbadan oo kamid ah waxay ku suganyihiin magaalada Rinkeby, oo ah xaafad katirsan Stockholm oo loogu magac daray Muqdisho yar.

 

[Miskiin-Macruuf-Aqiyaar]

Sweden votes to pay Somalia’s IMF debt

Sweden’s Parliament voted yesterday to pay 21 million Swedish kronor (approximately 2 million euros) of the African nation of Somalia’s debt to the International Monetary Fund (IMF).

The vote was unanimously in favour of the proposition apart from the ten MPs from the Right-wing Sweden Democrats’ delegation, who all voted against it, according to a report by Samhällsnytt.

Prior to the vote, Dennis Dioukarev, a Sweden Democrat MP representing Gothenburg, gave an address in which he questioned why the Swedish taxpayers’ assets should be used to pay off Somalia’s debt.

The Parliament’s decision was especially strange considering that the world is currently entering the worst economic downturn that it has seen in the last century as a result of the Wuhan coronavirus (COVID-19) pandemic.

“Could have gone to pensions, but Somalia is more important than old people who have worked all their lives and paid huge sums in taxes,” one critic of the decision commented on Twitter.

The payment will be made by Sweden’s Riksbank, which is the country’s central bank. The proposal submitted to the Swedish Parliament, which was been made available on its official website, justifies the move by claiming that Somalia has been unable to take out new loans from the IMF “for a long time” because the African country hasn’t been making its debt or interest payments.

The proposal also says that Somalia’s inability to repay its IMF debt has prevented it from getting access to other forms of aid and loans, which in turn has negatively impacted the country’s economy.

Somalis are one of Sweden’s largest immigrant communities. It has been estimated that there are currently 60,000 Somalis living in Sweden, many of them in Rinkeby, a Stockholm suburb which has been dubbed “little Mogadishu.” Last year Mona Walter, a Somali woman living in Sweden who was raised as a Muslim but then rebelled against her upbringing and converted to Christianity, predicted that in fifty years, if present trends continue, Sweden will become fully Islamicized, both demographically and culturally, as previously reported by Voice of Europe.

Xigasho

[Che -Guevara]