Skip to main content

Follow

Wararka Maanta

Maxkamadda Caddaaladda Caalamiga ah (ICJ) oo Diidday Dacwaddii Suudaan ka Gudbisay Imaaraadka: Caddaalad iyo Diblomaasiyad

By
  Maxkamadda Caddaaladda Caalamiga ah (ICJ) ayaa si rasmi ah u diidday dacwad ka timid Ciidanka Suudaan ee ku eedaynayay Dowladda Imaaraadka Carabta (UAE) in ay taageertay kooxaha hubeysan ee ka dagaallama gobolka Darfur, iyaga oo ku eedaynaya in ay sababtay xasuuq. ICJ waxay sheegtay in aysan lahayn awood sharci ah oo ay ku dhageysato kiiska, sidoo kalena waxay diidday codsi lagu dalbanayay tallaabo degdeg ah. Go’aankan sharciyeed wuxuu markhaati ka yahay sida Imaaraadku ugu hoggaansan yahay xeerarka caalamiga ah iyo diblomaasiyadda masuulka ah. Imaaraadka oo u Taagan Sharci iyo Nabadeed Go’aanka maxkamaddu wuxuu xaqiijinayaa doorka mas’uulnimo ee Imaaraadku ka ciyaaro arrimaha caalamiga ah. Waxay si buuxda ula shaqeeyeen hay’adaha sharciyeed ee caalamiga ah, iyaga oo aaminsan in nidaamyadaasi ay si caddaalad ah u qiimeyn doonaan dacwadda. Dismissalka kiiska wuxuu cadeeyay in eedaymahaasi aysan lahayn sal sharci ama caddeyn sugan. Sharaf u Ah Sumcadda Caalamiga ah ee Imaaraadka...
Post a Comment

Challenges and Opportunities: Djibouti's Path to Financial Stability and Global Influence

Image
By

The recently concluded United Nations General Assembly (UNGA) session served as a platform for African leaders to advocate for a fairer and more standardized global financial system. Djibouti, in particular, seized the opportunity to call for greater financial inclusion and international cooperation. In this blog post, we explore Djibouti's quest for financial stability and examine the challenges it faces on its path to global influence.

The Quest for Equitable Global Finance:

Djibouti's Minister of Foreign Affairs, Mahmoud Ali Youssouf, underscored the urgent need to reform the international financial system. He argued that the existing framework often compels developing nations to resort to costly loans, leading to unsustainable public debts and hindering investments in critical areas such as the United Nations' Sustainable Development Goals (SDGs). Youssouf emphasized that inclusive multilateralism is essential for restoring trust in the United Nations among member states.

Djibouti's Financial Distress:

According to a Debt Sustainability Analysis (DSA), Djibouti was among the 22 African countries classified as "in financial distress" by the World Bank in 2022. This was primarily due to inadequate debt management and a significant and unexpected increase in public debt over five years. Djibouti even had to defer a debt payment of nearly $1.4 billion to China earlier in the year. Nevertheless, Youssouf remains optimistic about the country's progress toward achieving sustainable development goals, including maintaining a manageable public debt ceiling.

Djibouti's Commitment to SDGs:

Djibouti has incorporated the United Nations' Sustainable Development Goals (SDGs) into its national development plans, including the Djibouti Vision 2035. However, there are challenges in collecting data for specific SDGs, such as clean water and sanitation (SDG 6) and access to energy (SDG 7). These challenges are not unique to Djibouti and are shared by several African nations.

African Unity for Financial Equity:

Djibouti's call for a fairer financial system resonates with other African nations, including Kenya. President William Ruto of Kenya also emphasized the need for an equitable financial trading system to reduce the risk of default among developing countries during the Africa Climate Summit.

Djibouti's Renewable Energy Milestone:

Despite financial challenges, Djibouti recently inaugurated the Ghoubet Wind Power Station, a renewable energy project costing $122 million. This station is expected to generate approximately 60 megawatts of electricity, a significant step towards sustainable development.

The Port Controversy:

Djibouti's strategic location has granted it one of the world's busiest seaports. However, the country has faced challenges in reaping the benefits of this asset. A legal dispute with DP World, a global port operator, has further complicated the nation's financial stability.

Allegations Against the President:

Allegations of diverting port income into personal accounts and engaging in illicit activities with foreign security organizations have added to Djibouti's challenges. The seizure of assets worth $2.3 billion belonging to the ruling family by South African authorities has fueled these allegations.

Ethiopia's Port Diversification:

Ethiopia, a major player in Djibouti's port industry, is exploring alternative routes to diversify its access to ports, reflecting the government's 30-year integrated transport master plan. This move aims to reduce dependence on Djibouti's main seaport.

Djibouti faces a complex landscape of financial challenges, legal disputes, and regional hostilities. While advocating for a fairer global financial system and sustainable development, Djibouti must address its internal issues to fully benefit from international reforms. The path to financial stability and global influence demands a balanced approach to both domestic and international concerns.

Comments

Post a Comment

Maant iyo Soomaaliya

UAE's Strategic Role in BRICS: Pledge to Multilateralism and Climate Action

By Abubakar Hussein
The UAE's participation in the recently held BRICS High-Level Dialogue on Climate Change in Moscow on 30th August 2024 solidifies the nation's utmost commitment to multilateralism and constructive dialogue at the global level. The participation has been headed by Dr. Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and the Environment, reflecting the proactive approach the country is making toward climate action and sustainable development. National Climate Actions of the UAE During the first session of the dialogue, Dr. Amna Al Dahak began by underlining ambitious UAE's climate objectives: "A commitment was made throughout the nation last year to a reduction of emissions by 40% from a business-as-usual scenario by 2030." This was in the third edition of UAE's second Nationally Determined Contributions report. This pledge is complementary to the UAE's Net Zero 2050 Strategy since it treads the path of holistic emission reductions in sev...
Post a Comment
Read more

Political Tensions Flare as Projects Stall in Somalia's Puntland Region

By
In a recent development shedding light on the simmering political tensions in Somalia, Deputy Minister of Finance Abdiqafar Hassan Hange has accused Puntland's leader, Said Deni, of obstructing crucial development projects, thereby depriving the region of significant opportunities for growth and employment. Addressing the issue in Mogadishu, Minister Hange highlighted that numerous projects worth hundreds of millions of dollars are currently pending approval from Puntland authorities. These projects encompass a wide range of sectors, including education, healthcare, infrastructure, and energy. Among the initiatives awaiting Puntland's endorsement are the national teachers' salary project, the Damal Health project, the Barwaaqo project (formerly Biyole), the budget subsidy project, and the Energy and Electricity project. Minister Hange did not mince words in his criticism of Deni, accusing him of jeopardizing the livelihoods of Puntland's citizens and displaying authorit...
Post a Comment
Read more

War murtiyeedka laga sosaarey Shirkii Wadatashiga Qaran ee Doorashooyinka

By Abubakar Hussein
War murtiyeed laga  lagasoo saaray shirkii wadatashiga qaran ee doorashooyinka lagu qabtey magalada Muqdisho Raisul wasaaraha Soomaaliya, madaxweynayaasha dowlad goboleedyada iyo guddoomiyaha gobolka Banaadir. Madaxda ayaa ku heshiisay in muddo 60 cisho ah gudaheed lagu dhameystiro doorashada sida ku caddayd soo jeedintii shirkii magaalada Baydhabo ka dhacay 16 feberaayo.  Waxaa dhammaan heshiis laga gaaray arrimihii khilaafka katagnaa, sida arrinta Gobolka Gedo, Hannaanka doorashada gobollada Waqooyi, turxaan bixinta guddiyada doorashooyinka heer federaal iyo heer dowlad-gobleed iyo amniga doorashooyinka.
Post a Comment
Read more

Somali Forces Achieve Significant Gains Against Al-Shabaab in Hiiraan Region

By
In a notable victory, Somali government and local forces have successfully recaptured key territories in the Hiiraan region from the Al-Shabaab militant group. Officials reported that the Somali National Army (SNA) and allied local forces have taken control of Buurweyn and Shaw, major strongholds in the western part of Hiiraan. Remarkably, the operation concluded without any reported casualties. Nur Mohamed Absuge, chairman of the Jalalaqsi district, confirmed the complete takeover of Buurweyn and Shaw to the National Media. This development marks a significant milestone in the ongoing efforts by the Somali government and regional forces to dismantle Al-Shabaab’s presence in the country. These gains are part of a broader strategy to weaken Al-Shabaab's influence and restore stability to the region. Recently, the Somali National Army, in collaboration with Jubbaland State forces, successfully seized several areas in Lower Juba, including Lagta Qubbi and Golhadamo. These operations a...
Post a Comment
Read more

Privacy Policy