Skip to main content

Follow

Wararka Maanta

Maxay Madaxbannaanida Koonfurta Yemen muhiim ugu tahay Nabad dhab ah?

  Doodaha ku saabsan mustaqbalka Yemen waxaa inta badan lagu soo koobaa xabbad-joojin, dawlado kumeel-gaar ah, ama qaabab awood-qaybsi oo dibadda laga soo hindisay. Si kastaba ha ahaatee, waxaa jira hal arrin oo mar walba la dhinac maro inkasta oo ay udub-dhexaad u tahay muddada uu dagaalku siday: waa maqaamka siyaasadeed ee aan weli la xallin ee Koonfurta Yemen. Taariikhda iyo Midowgii Fashilmay Koonfurta Yemen waxay ahayd dawlad madaxbannaan oo caalamku aqoonsan yahay ilaa sannadkii 1990-kii, waxaana loo yaqaannay Jamhuuriyadda Dimuqraadiga Shacbiga ee Yemen (PDRY). Waxay lahayd xuduudo go’an, hay’ado dawladeed, iyo xubinimo Qaramada Midoobay ah. Heshiiskii midowga ee lala galay Waqooyiga Yemen waxaa loo soo bandhigay inuu yahay iskaashi dhex maray laba dhinac oo siman oo si mutaddawacnimo ah isugu biiray. Laakiin xaqiiqadii, midowgaas si dhakhso ah ayuu u burburay, wuxuuna horseeday dagaalkii 1994-tii iyo in si nidaamsan loo gacan-bidheeyo dhinaca siyaasadda iyo dhaqaalaha ee da...

United Kingdom Fully Cancels Somalia's Historic Debt, Paving the Way for Economic Growth

In a significant stride toward Somalia's economic revitalization, the United Kingdom has announced the complete cancellation of Somalia's historic debt through the Highly Indebted Poor Countries (HIPC) Initiative. Deputy Ambassador Sam Thomas conveyed this transformative decision during a meeting with Minister of Finance Bihi Iman Egeh in Mogadishu on Tuesday.

"Today I confirmed to Finance Minister Bihi that the UK has cancelled 100% of Somalia's historic debts. As Somalia's debt relief champion, we are committed to helping attract investment and grow the Somali economy," stated the UK embassy in Mogadishu, underscoring their dedication to fostering investment and stability in Somalia.

The cancellation of Somalia's debt comes as a pivotal development following the Paris Club's decision last month to cancel 99% of Somalia's debt. The Paris Club, comprising some of the world's wealthiest creditor nations, has played a crucial role in supporting Somalia's journey towards economic recovery amidst the challenges posed by a protracted three-decade conflict.

During last month's discussions, Somalia's creditors, including the US, UK, Russia, Norway, and Japan, resolved to cancel approximately $2 billion in debts owed to club members as of January 2023. This substantial debt relief not only alleviates the financial burden on Somalia but also signifies a vote of confidence in the nation's efforts to build a secure and stable future.

Minister of Finance Bihi Iman Egeh lauded the UK's decision as remarkable, emphasizing its alignment with the progress achieved during the recent Paris Club discussions. With the complete cancellation of historic debts, Somalia is poised to attract investment, stimulate economic growth, and embark on a path towards sustainable development.

The debt cancellation initiatives led by the United Kingdom and the Paris Club exemplify the international community's commitment to supporting Somalia's aspirations for prosperity and stability. As Somalia continues to navigate its economic recovery journey, the solidarity and cooperation of global partners remain instrumental in overcoming challenges and realizing its full potential.

This significant milestone marks a new chapter in Somalia's economic trajectory, offering renewed hope and opportunities for its people. With debt relief paving the way, Somalia stands ready to seize the possibilities of a brighter future, built on the foundations of resilience, partnership, and progress.

Comments

Maant iyo Soomaaliya

Somali Parliamentarians Decry Port Deal Between Ethiopia and Somaliland

Nairobi, Kenya: Tensions flared Thursday as Somali parliamentarians in Kenya, along with prominent Somali leaders, vehemently condemned the recent port deal struck between Ethiopia and the breakaway region of Somaliland. The agreement, signed by Ethiopian Prime Minister Abiy Ahmed and Somaliland President Muse Bihi Abdi, granting Ethiopia access to the Red Sea through Somaliland's Berbera port, was deemed a brazen affront to Somalia's territorial integrity. Dr. Aden Keynan, a Somali lawmaker, described the deal as a blatant violation of Somalia's sovereignty. He, along with other concerned voices, urged the international community to act swiftly if Ethiopia refuses to retract the agreement. Calls for intervention were directed towards the United Nations, the African Union, and the Intergovernmental Authority on Development (IGAD). The agreement further ignited anxieties across the region, considering the historical animosity between Somalia and Ethiopia. One Kenyan MP war...

Tensions Escalate as Talks Resume Between Somaliland and Federal Government

In a region marked by historical complexities and territorial disputes, the recent resumption of talks between the federal government and the breakaway territory of Somaliland has sparked new tensions. The discussions, hosted by President Ismail Omar Guelleh of Djibouti, aimed to navigate the delicate relationship between these entities. However, these talks faced strong opposition from President Said Abdullahi Deni of Puntland, a semi-autonomous region within Somalia's northern part. Denouncing the absence of Puntland in the discussions, Deni condemned the reopening of talks, highlighting the ongoing border disputes between Puntland and Somaliland as a significant point of contention. Since February, clashes between the Somaliland army and SSC-Khatumo forces have escalated, with both sides accusing each other of instigating fatal combat in Las Anod town. This protracted conflict has contributed to heightened tensions in the region and complicated the efforts toward resolution. Som...

Somalia Joins UN FAO Commission to Combat Desert Locust Infestation

In a significant stride towards combating the persistent threat of desert locusts, Somalia has ascended to a pivotal position as the seventeenth member of the Commission for Controlling the Desert Locust in the Central Region under the United Nations Food and Agriculture Organization (FAO). This milestone membership, marked on Wednesday, solidifies Somalia's commitment to manage and mitigate the devastating impact of locusts on agriculture and food security. According to the FAO's assessments, Somalia has demonstrated remarkable advancements in constructing national institutional and technical capacities for locust management since 2020, with substantial assistance from the FAO and other partners. Shoki AlDobai, the team leader for FAO's Locusts and other Transboundary Plant Pests and Diseases, emphasized Somalia's significance as a critical breeding ground for locusts. AlDobai highlighted that Somalia's inclusion in the Commission would not only benefit the country...

Puntland State Divided as SSC-Khatumo Seeks Separation

The High Court of Puntland State in Somalia recently issued a ruling that has reignited political tensions in the region. The Court upheld the decision of the Supreme Council of the SSC-Khatumo, a breakaway group within Puntland, to declare its independence from the state. This controversial move has cast uncertainty over the upcoming elections in Puntland, scheduled for January 8, 2024. Competing Claims to Sovereignty The SSC-Khatumo administration has long advocated for autonomy from Puntland, citing historical grievances and marginalization. The group claims to represent the interests of the Somali clans residing in the eastern portions of Puntland. The Puntland government, however, maintains that the SSC-Khatumo's claims are illegitimate and that the group's attempt to secede is unconstitutional. High Court Ruling Raises Concerns The High Court's decision to uphold the SSC-Khatumo's declaration of independence has created a complex legal and political situatio...

Privacy Policy