IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

[Murax]

Amazing Job the entire Government, especially our genius, competent Finance Minister!

Nabad iyo Nolol


[tweet][/tweet]

[AbkoowDhiblaawe]

Mashallah

[AbdiWahab252]

And watch the former Booliqaran welfare recipients run up the debts again

[dalalos101]

Guul

[Nomand]

party in villa somalia tonight

[dalalos101]

party in villa somalia tonight

[sahal80]

lies. it's up to the next goverments performce and good governance if things go wrong it will alter completely.

let us say this is a process that has begun under the former govt couldn't deliver the goals of their govt for many reasons one of them is lack of cooperation with the FMS who r part of the reforms. xamar doesnt manage shit. this is why they asked waare and lafta gareen to spread the lies.

[sahal80]

lies. it's up to the next goverments and States performce and good governance if things go wrong it will alter completely.

let us say this is a process that has begun under the former govt and this govt couldn't deliver its goals for many reasons one of them is lack of cooperation with the FMS who r part of the reforms. xamar doesnt manage shit. this is why they asked waare and lafta gareen to spread the lies. if they didn't destabilize the States the debt relief may have come to materialize. yes there was some good financial reforms in xamar but you need the whole country bc the money will go for PL, JL, Hirshabelle, southwest and galmud and there is no reforms that took olace bc of destabilization. now the debt relief is up to the next govt and the states.

[Murax]

party in villa somalia tonight

[Murax]

lies. it's up to the next goverments performce and good governance if things go wrong it will alter completely.

let us say this is a process that has begun under the former govt couldn't deliver the goals of their govt for many reasons one of them is lack of cooperation with the FMS who r part of the reforms. xamar doesnt manage shit. this is why they asked waare and lafta gareen to spread the lies.

Anything and you everything that does not fit your ideal world is lies, and whatever fits it is truth. What a great mindset, hurdadaada ku sii jir saaxibow

[sahal80]

stop quoting me before i edit my post yaa suufi!

your ciyaal centralism dont understand the federal government system. There is no dept relief STOP THE LIES
if kheyre gets elected then he may finish his qabyo but now there is no such debt relief.

[Murax]

Sahal,

You used to be macquul to debate with lakin now you became like one of those angry all the time, chip on your shoulder forumers. I don’t know what to say other then you’re really right!

[sahal80]

read for ex planning minister Abdi ainte your educated person yet you believe in campaign propaganda. rest of work depands on next government if not next governments. it includes work done by the federal and state govts oo koow iyo labo joogin.

[paperino]

Murax, in fairness to sahal, debt relief for Somalia hasn't happened as of now. From the reports & news I've read, it talks about 'eligibility' or 'clearance' for debt relief. What's more, Somalis should be wary, skeptical and not overjoyed over the matter. This recent report alarmed me:

Somalia had not made repayments since the onset of the civil war 30 years ago, making it impossible to access loans from international lenders.

Debt cancellation for Somalia means that government can acquire funds needed to improve services across the country.

https://www.businessghana.com/site/news ... ebt-relief

The fact that most Somali politicians are very corrupt, and the fact that IMF, World Bank, etc are predatory institutions do not bode well for the future of Somalis.

[Voltage]

Peperino,

Debt relief has already happened.

I am literally in a hurry, but I will very briefly summarize.

1. Imagine you are 15 and just got your LICENSE.

Your dad says WHOSE CAR is this waving new keys. You literally scream and run outside and start the car.

You have the car. You are in. You smell. You gun the engine.

Then dad says excitedly not so fast, we still have to FINISH REGISTRATION and I have to finalize your INSURANCE under me, that just takes couple quick phone calls.

I can also drive you around myself quickly before then.

2. The CAR = DEBT RELIEF = THE CAR = DEBT RELIEF

3. What's left is INTRICATE REGULATORY BYLAWS that are very technical like between you and your bank. These have taken on IRONCLAD IMPORTANCE since the 2008 crash and are the corners that used to be cut but now are so binding.

ALSO, international financial institutions like IMF and World Bank HAVE A DEBT RELIEF PROCESS PRECISELY BECAUSE OF THE CONTRIBUTION THEY PLAYED TO SADDLE DEBT ON POOR COUNTRIES THROUGH STRUCTURAL ADJUSTMENT PROGRAMS.

Debt Relief is the end of the BEGINNING. It literally is only the MEANS FOR REENGAGEMENT.

The process is not 100% closed until the entire working relationship, rules, plans, oversight, management, and development program is agreed to AND THEN IS CONTINUING FOR A WHILE.

THE "END OF DEBT RELIEF" = LEVERAGE

It is something to hold authority over disagreeable entities.

4. But DEBT RELIEF as the MATERIAL and not necessarily SYMBOLIC as already happened when the IMF GOVERNORS GAVE THE GREEN LIGHT LAST MONTH.

Somalia already received the FIRST INSTALLMENT OF 45 MILLION OF 400+ MILLION approved program with the WORLD BANK WHICH LITERALLY SIGNIFIED SOMALIA WAS "DEBT FREE" AS MATERIAL MATTER.