Blog Feeds

Human Rights in Ireland
A Blog About 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

offsite link Fijian women still face Human Rights violations Mon Aug 26, 2019 18:49 | Human Rights

offsite link Saudi Human Rights Violation Fri Aug 09, 2019 20:41 | Human Rights

offsite link China?s LGBT Community Mon Apr 15, 2019 19:19 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link Attention seeker 18:35 Tue Nov 12, 2019 | WorldbyStorm

offsite link Changing the narrative on the climate crisis 11:54 Tue Nov 12, 2019 | WorldbyStorm

offsite link Left resources and links ? November 2019 11:08 Tue Nov 12, 2019 | guestposter

offsite link Ban private jets? 09:53 Tue Nov 12, 2019 | WorldbyStorm

offsite link A New Tactic ?? 09:27 Tue Nov 12, 2019 | irishelectionliterature

Cedar Lounge >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

Dublin Opinion >>

NAMA Wine Lake

offsite link Test ? 12 November 2018 Mon Nov 12, 2018 14:28 | namawinelake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

NAMA Wine Lake >>

Somalia Leaders Call for Debt Cancellation

category international | economics and finance | press release author Friday April 12, 2019 04:06author by Kate Zeller - Jubilee USA Network Report this post to the editors

In Somalia, 60 percent of the 15 million person population lives in extreme poverty. According to the United Nations Development Programme almost 10 million people live in extreme poverty or close to poverty in Somalia while the war-torn African nation wrestles with a $4.6 billion debt. On Friday, Somalia's Finance Minister Abdirahman Beileh will call for debt cancellation for humanitarian assistance.

In Somalia, 60 percent of the 15 million person population lives in extreme poverty. According to the United Nations Development Programme almost 10 million people live in extreme poverty or close to poverty in Somalia while the war-torn African nation wrestles with a $4.6 billion debt. On Friday, Somalia's Finance Minister Abdirahman Beileh will call for debt cancellation for humanitarian assistance.

"In the face of such terrible suffering, Somalia's debt must be eliminated as soon as possible," noted Jubilee USA Executive Director Eric LeCompte who serves on United Nations debt expert groups. "Eliminating Somalia's debt means an immediate investment to reduce extreme poverty in the country."

Somalia owes more than $4.6 billion in debt. The United States, France, Italy, the IMF and World Bank hold the highest levels of Somalia debt.

"Humanitarian concerns and global political will are coming together to relieve Somalia's debt," stated LeCompte. "The situation is so extreme in Somalia and we need immediate debt relief."

On Friday morning Somalia's Finance Minister, Jubilee USA head - Eric LeCompte, the African Development Bank and Save Somali Women and Children will participate in the forum at the US Institute of Peace. American Friends Service Committee, the Somalia NGO Consortium, Somalia Working Group, Jubilee USA Network and the African Faith and Justice Network are sponsoring the event. 

Related Link: http://www.jubileeusa.org
© 2001-2019 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