Skip to main content

Follow

Wararka Maanta

Sarkaal Sare oo ka Tirsanaa NISA oo ku Biiray Al-Shabaab, Cabsi laga Qabo Xog Sirdoon oo Baxday

  Jihada Sarkaal Sirdoon oo Al-Shabaab u Goostay iyo Khatarta Xogaha Qarsoon ee Soomaaliya Warbixin ku saabsan goosashada la sheegay ee sarkaal sare oo ka tirsanaa hay’adda NISA iyo walaaca laga qabo amniga xogaha sirdoonka qaranka. Goosasho la sheegay oo walaac amni dhalisay Warar laga helayo Soomaaliya ayaa sheegaya in sarkaal sare oo ka tirsanaa Hay’adda Sirdoonka iyo Nabadsugidda Qaranka (NISA) uu ka goostay dowladda, kuna biiray kooxda Al-Shabaab. Sarkaalka ayaa warbixinnada lagu magacaabay Luqman, waxaana la sheegay inuu hoggaaminayay cutubka gaarka ah ee Duufaan oo hoos yimaada hay’adda NISA. Arrintan ayaa dhalisay walaac la xiriira suurtagalnimada in xogaha sirdoonka qaranka ay gacanta u galaan kooxda hubeysan. Sida ay baahisay Somali Guardian , dhacdadani waxay qayb ka tahay caqabadaha amni ee hay’adaha dowladda Soomaaliya ay wajahayaan. Waa kuma sarkaalka la sheegay inuu goostay? Warbixinta Somali Guardian waxay sarkaalka ku tilmaantay Luqman, oo la sheegay inuu ahaa tali...

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

Sarkaal Sare oo ka Tirsanaa NISA oo ku Biiray Al-Shabaab, Cabsi laga Qabo Xog Sirdoon oo Baxday

  Jihada Sarkaal Sirdoon oo Al-Shabaab u Goostay iyo Khatarta Xogaha Qarsoon ee Soomaaliya Warbixin ku saabsan goosashada la sheegay ee sarkaal sare oo ka tirsanaa hay’adda NISA iyo walaaca laga qabo amniga xogaha sirdoonka qaranka. Goosasho la sheegay oo walaac amni dhalisay Warar laga helayo Soomaaliya ayaa sheegaya in sarkaal sare oo ka tirsanaa Hay’adda Sirdoonka iyo Nabadsugidda Qaranka (NISA) uu ka goostay dowladda, kuna biiray kooxda Al-Shabaab. Sarkaalka ayaa warbixinnada lagu magacaabay Luqman, waxaana la sheegay inuu hoggaaminayay cutubka gaarka ah ee Duufaan oo hoos yimaada hay’adda NISA. Arrintan ayaa dhalisay walaac la xiriira suurtagalnimada in xogaha sirdoonka qaranka ay gacanta u galaan kooxda hubeysan. Sida ay baahisay Somali Guardian , dhacdadani waxay qayb ka tahay caqabadaha amni ee hay’adaha dowladda Soomaaliya ay wajahayaan. Waa kuma sarkaalka la sheegay inuu goostay? Warbixinta Somali Guardian waxay sarkaalka ku tilmaantay Luqman, oo la sheegay inuu ahaa tali...

Somalia's Prime Minister Calls for Unity in Countering Extremism

In a significant move to address the ongoing security challenges in Somalia, Prime Minister Hamsa Abdi Barre has taken the initiative to engage clerics and religious leaders in the fight against extremist ideologies. The Prime Minister inaugurated a conference in Mogadishu, emphasizing the critical role of clerics in promoting peace, reconciliation, and countering extremist ideologies within the nation. During the conference, Prime Minister Barre stressed the importance of collaboration between the government, intellectuals, clerics, and the people to address the various challenges facing Somalia. He highlighted the pivotal role that clerics and Imams play in raising public awareness and countering the extremist narratives propagated by groups like al-Shabaab and ISIS in the region. "I urge you to engage in reconciliation, stabilization, state-building, and the finalization of the constitution," Prime Minister Barre stated, highlighting the government's achievements in co...

Somalia Expels Ethiopian Ambassador and Shuts Consulates Amidst Diplomatic Rift

In a dramatic turn of events, Somalia has expelled the Ethiopian ambassador and closed its consulates in the Puntland and Somaliland regions, marking a significant escalation in diplomatic tensions between the two neighboring nations. The decision, announced by Somalia's Council of Ministers, comes in response to what the Somali government perceives as Ethiopian interference in its internal affairs. The rift between the two countries was exacerbated by a recent meeting between Ethiopia's State Minister for Foreign Affairs, Ambassador Mesganu Arga, and a delegation from Puntland in Addis Ababa. The discussions centered on bilateral issues, including trade, investment, energy cooperation, and joint infrastructure projects, sparking outrage from the Somali government. The catalyst for Somalia's decisive action was Ethiopia's involvement in a controversial lease agreement for coastal land in the disputed Somaliland territory. Despite Somalia's claims of sovereignty over...

Strengthening Partnerships: Nigeria and UAE's Collaborative Efforts in the Solid Minerals Sector

  Nigeria and the UAE are poised to deepen their economic ties, particularly in the solid minerals sector. Following a recent courtesy visit by UAE Ambassador H.E. Salem Shaeed Al Shamsi, Nigeria's Minister of Solid Minerals Development, Dr. Dele Alake, emphasized the importance of this collaboration. The two nations aim to regulate gold exports, which have often been illegal, by establishing a framework that legitimizes trade and maximizes mutual benefits. Dr. Alake noted Nigeria's wealth of sought-after minerals and the UAE's position as a key player in mineral trade. To further strengthen this partnership, discussions are underway to enhance technology transfer, vital for advancing Nigeria’s mining capabilities. Additionally, the lifting of visa restrictions between the two countries opens doors for increased cooperation. Looking ahead, an upcoming Nigeria-UAE economic forum is set to attract 30-35 major companies from the Middle East, aiming to boost foreign direct inve...

Privacy Policy