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Spirit of Contradiction

offsite link The Party and the Ballot Box Sun Jul 14, 2019 22:24 | Gavin Mendel-Gleason

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The Saker
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offsite link United Kingdom: from the Brexit vote on June 23 (2016) to the general election on December 12 (2019) Fri Dec 13, 2019 23:14 | The Saker
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offsite link Turkey Boosts Military Presence In Northeast Fri Dec 13, 2019 16:23 | Scott
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offsite link Moveable Feast Cafe 2019/12/13 ? Open Thread Fri Dec 13, 2019 07:30 | Herb Swanson
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offsite link Hillary Clinton?s Six Foreign-Policy Catastrophes Thu Dec 12, 2019 01:56 | The Saker
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Human Rights in Ireland
A Blog About Human Rights

offsite link Latest Updates Thu Nov 21, 2019 20:32 | 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

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United Nations Calls for Disaster Aid for Mozambique as Country Wrestles with Illegal Debt

category international | miscellaneous | news report author Thursday July 11, 2019 21:30author by Kate Zeller Report this post to the editors

Washington, DC - On Thursday, UN Secretary General Antonio Guterres called for more relief aid to be sent to disaster-recovering Mozambique. The country is reeling from two devastating cyclones and wrestling with debts that Mozambique's high court calls illegal.

Washington, DC - On Thursday, UN Secretary General Antonio Guterres called for more relief aid to be sent to disaster-recovering Mozambique. The country is reeling from two devastating cyclones and wrestling with debts that Mozambique's high court calls illegal.

“The International community needs to deliver rebuilding aid to Mozambique," noted UN finance expert and head of the religious development group Jubilee USA, Eric LeCompte. "Debts declared illegal by Mozambique's courts should not be repaid, especially as the country is struggling to recover."

The top court of Mozambique declared last month that the $850 million Eurobond to Ematum, the state-run tuna operation, is illegal. In 2016, the International Monetary Fund ceased funding for the East-African country because of billions of dollars in debt that was supposed to equip fishing boats, but instead created Mozambique military attack crafts.

“Mozambique desperately needs debt and disaster relief,” said LeCompte. “Mozambique is a troubling tale of corruption and poor people being exploited because of a lack of public budget transparency and international standards on responsible lending," said LeCompte.

Related Link: https://www.jubileeusa.org/united_nations_calls_for_disaster_aid_for_mozambique
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