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IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Daily chitchat on Somali politics.

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paperino
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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby paperino » Thu Mar 26, 2020 2:36 pm

Voltage,

The pages of World Bank, other institutions, Wikipedia, etc do not show Somalia is debt free.

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Voltage
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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby Voltage » Thu Mar 26, 2020 3:00 pm

Voltage,

The pages of World Bank, other institutions, Wikipedia, etc do not show Somalia is debt free.
Anyone else, I would believe this happened;

Image

Not you though. In hindsight, it conforms to character so the "L" is on me not you my dearly principled brother. I have long admired your very "matter of fact" disposition. :lol: :up:

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby AbkoowDhiblaawe » Thu Mar 26, 2020 3:39 pm

There is no full debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved (completion point) Somalia can get debt relief first in 2023.

But as Somalia reached decision point it reached a point where there is a interim debt relief.
Last edited by AbkoowDhiblaawe on Thu Mar 26, 2020 3:53 pm, edited 1 time in total.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby dalalos101 » Thu Mar 26, 2020 3:53 pm

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.
Abkoos reaction to N&N achieving debt relief
Image

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AbkoowDhiblaawe
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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby AbkoowDhiblaawe » Thu Mar 26, 2020 3:56 pm

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.
Abkoos reaction to N&N achieving debt relief
Image
The road to debt relief is long. HSM started it, N&N contuined to decision point and Inshallah next government will take it to completion point. :som: :up:

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby Somaliweeyn007 » Thu Mar 26, 2020 10:54 pm

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.
Sahal this is sad, what lie was told by IMF and World Bank reps? Are they lying for the sake of Kheyre and NN?

Debt Relief is an ongoing process but they reached a milestone yesterday clearly to relieve initial parts of the 5 billion.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby Murax » Fri Mar 27, 2020 1:24 am

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.
Abkoos reaction to N&N achieving debt relief
Image
Abkowdhiblaawe,

Was the first one to say Ma Shaa Allah. Governments have to build on each other so progress is continual. XSM tbh did a lot of good things, and so is N&N. Someone doesn’t have to shyt on someone to praise somebody else.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby Murax » Fri Mar 27, 2020 1:24 am

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.
Abkoos reaction to N&N achieving debt relief
Image
Abkowdhiblaawe,

Was the first one to say Ma Shaa Allah. Governments have to build on each other so progress is continual. XSM tbh did a lot of good things, and so is N&N. Someone doesn’t have to shyt on someone to praise somebody else.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby sahal80 » Fri Mar 27, 2020 2:36 am

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.
Sahal this is sad, what lie was told by IMF and World Bank reps? Are they lying for the sake of Kheyre and NN?

Debt Relief is an ongoing process but they reached a milestone yesterday clearly to relieve initial parts of the 5 billion.
someone(former govt( bought a ticket and now the same person(current govt) is stuck in a plane waiting to take off. what if the next govt faills the tesk ahead of this one? things will revert back to a previous stage. now claiming to have obtained debt relief is like someone who claims to have done the tesk ahead of them! this is why it could take 10 years!

im not economist and many people here have better knowledge than me but im familiar with the realpolitik rather than on ideals like these kids who dont understand the the federal system of the government. FGS controls 5% of the Somali economy. even in Xamar you have these isgaarsiinta shirkado iyo duulimaadla like jubbaairways who have monopoly on reality like xajka/pilgrimage

FGS=central bank, Mogadish airport and port+Mogadishu tax collection. the financial creditors are looking at Somalia as a holistic approach. next tasks will concentrate more on finance unification. cooperation between the FGS and FMS remains as a keystone that why finance minister held shir in kismaayo for the fms and all have shown their good intentions bc they need the money. this program is called staff monitored program it started with the FGS and now includes the FMS so all somalia can benefit from receiving funds. the next era all development will be concentared on the FMS/regions

https://www.imf.org/en/News/Articles/20 ... ed-program

i didnt like to post this old link here goes back to late 2017 when waare was just elected and before forming his cabinet. this guy was finance minister back then. i think he is one of the few educated ministers hirshabelle had he is economist from canada. start from 9:50 to see that FMS r part of the financial reform. this Govt have done good for Xamar part(bank, ports, tax collection, mushaar) this is why ajaanibta link talks and FMS stabiliy with the debt relief. they say all the time come on maryooley unite unite for the shaqo.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby Murax » Fri Mar 27, 2020 4:19 am

My gosh Sahal, ma ku soo koobtid hadalka good for previous government starting it, present for keeping it up and hopefully next continuing? Maxaa wax kasto ka digata Qas iyo foodo? Abkowdhiblaawe is just as mucaarad as you and like a normal person he realized regardless of whether you are in opposition or not this is a positive development for Somalia. I didn’t open this thread for fadhi ku dirir please open your own threads for that. Sheekooyin munaasib ku ah certain topics wey jiraan and other times laga fiicanyahay.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby Voltage » Fri Mar 27, 2020 5:05 am

Murax, he doesn't know shit. He is just being passive aggressive towards me

I will start a topic explaining what "Debt Relief" is and how Somalia has already settled tbe "DEBT" in "Debt Relief."

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby paperino » Fri Mar 27, 2020 9:57 am

Once again, sahal has valid points.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby Somaliweeyn007 » Mon Mar 30, 2020 6:38 pm

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.
Sahal this is sad, what lie was told by IMF and World Bank reps? Are they lying for the sake of Kheyre and NN?

Debt Relief is an ongoing process but they reached a milestone yesterday clearly to relieve initial parts of the 5 billion.
someone(former govt( bought a ticket and now the same person(current govt) is stuck in a plane waiting to take off. what if the next govt faills the tesk ahead of this one? things will revert back to a previous stage. now claiming to have obtained debt relief is like someone who claims to have done the tesk ahead of them! this is why it could take 10 years!

im not economist and many people here have better knowledge than me but im familiar with the realpolitik rather than on ideals like these kids who dont understand the the federal system of the government. FGS controls 5% of the Somali economy. even in Xamar you have these isgaarsiinta shirkado iyo duulimaadla like jubbaairways who have monopoly on reality like xajka/pilgrimage

FGS=central bank, Mogadish airport and port+Mogadishu tax collection. the financial creditors are looking at Somalia as a holistic approach. next tasks will concentrate more on finance unification. cooperation between the FGS and FMS remains as a keystone that why finance minister held shir in kismaayo for the fms and all have shown their good intentions bc they need the money. this program is called staff monitored program it started with the FGS and now includes the FMS so all somalia can benefit from receiving funds. the next era all development will be concentared on the FMS/regions

https://www.imf.org/en/News/Articles/20 ... ed-program

i didnt like to post this old link here goes back to late 2017 when waare was just elected and before forming his cabinet. this guy was finance minister back then. i think he is one of the few educated ministers hirshabelle had he is economist from canada. start from 9:50 to see that FMS r part of the financial reform. this Govt have done good for Xamar part(bank, ports, tax collection, mushaar) this is why ajaanibta link talks and FMS stabiliy with the debt relief. they say all the time come on maryooley unite unite for the shaqo.
I get what you are saying Sahal, there is still a process running but the big milestone here is about the fact that they now have access to Financial Systems. Like Kheyre said recently the first funds from (45 million) have entered Government bank account following this Debt Relief process.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby paperino » Mon Mar 30, 2020 7:34 pm

I get what you are saying Sahal, there is still a process running but the big milestone here is about the fact that they now have access to Financial Systems. Like Kheyre said recently the first funds from (45 million) have entered Government bank account following this Debt Relief process.
Hopefully, those 45 million won't end up in a project similar to the Baraawe airport.

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Re: IMF OFFICIAL ANNOUNCEMENT, DEBT RELIEF OFFICIAL

Postby barbarossa » Mon Mar 30, 2020 7:53 pm

^ I am not a betting man, but if I were, I would wager the 45 million dollar will end up exactly as you fear.


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