ISLAMABAD – Toddobaadkan, xiriirka faca weyn ee ka dhexeeya Soomaaliya iyo Pakistan ayaa qaaday tallaabo hore u qaad ah ka dib markii magaalada Islamabad lagu kala saxiixday heshiisyo muhiim ah oo saameyn doona amniga, socdaalka, iyo iskaashiga labada dal. Booqashadan oo ah tii ugu horreysay ee heer wasiir ah muddo soddon iyo shan sano ah, waxay calaamad u tahay dib u soo noolaanshaha xiriirka istiraatiijiga ah ee labada qaran iyadoo loo marayo is-faham dhinacyo badan taabanaya. Heshiiska Fiisaha iyo Diblomaasiyadda Madaxweynaha Pakistan, Asif Ali Zardari, oo uu weheliyo Wasiirka Arrimaha Gudaha Soomaaliya, Cali Yuusuf Cali Xoosh, ayaa goobjoog ka ahaa saxiixa heshiis taariikhi ah oo lagu baabi’iyay fiisaha dadka wata baasaboorka diblomaasiga ah. Heshiiskan ayaa fududeynaya dhaqdhaqaaqa madaxda iyo diblomaasiyiinta labada dhinac, isagoo meesha ka saaraya caqabadaha maamul ee hor istaagi kara wadahadallada joogtada ah iyo xoojinta xiriirka caalamiga ah ee ka dhex dhaxeeya labada ...
"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.
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