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A bird's eye view of the vineyard

offsite link Eurasian consolidation ends the US unipolar moment ? Part 2 of 2 Fri Sep 24, 2021 18:32 | amarynth
By Pepe Escobar, posted with permission and first posted at Asia Times Part 1 is here The 20th anniversary summit of the Shanghai Cooperation Organization (SCO) in Dushanbe, Tajikistan, enshrined

offsite link Political Declaration adopted during the first ministerial meeting of the Group of Friends in Defens... Fri Sep 24, 2021 17:49 | amarynth
https://www.mid.ru/en/forei... 1. We, representatives of Algeria, Angola, Belarus, Bolivia, Cambodia, China, Cuba, the Democratic People?s Republic of Korea, Equatorial Guinea, Eritrea, Iran, the Lao People?s Democratic Republic, Nicaragua, the State

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By Peter Koenig for the Saker Blog Transcript of a presentation at a Webinar sponsored by the Chongyang Institute of Renmin University, Beijing 23 September 2021 An early priority for

offsite link Moveable Feast Cafe 2021/09/23 ? Open Thread Thu Sep 23, 2021 23:00 | herb
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offsite link A Letter to the Taliban Thu Sep 23, 2021 22:41 | amarynth
Dr. Ejaz Akram, with Pepe Escobar – posted with permission and widely cross posted.    What happened in Afghanistan was not a mere change of government. A puppet state responsible

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Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Allegations of political criminality reported to An Garda Siochana

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Public Inquiry >>

Voltaire Network
Voltaire, international edition

offsite link Joe Biden might call off war against North Korea Fri Sep 24, 2021 20:36 | en

offsite link General boycott of Covid-19 Global Summit Fri Sep 24, 2021 20:11 | en

offsite link Ahmad Massoud has fled Afghanistan Fri Sep 24, 2021 08:00 | en

offsite link Another stab at the "two-state solution" Fri Sep 24, 2021 07:46 | en

offsite link Secret meeting of US and Russian chiefs of staff Fri Sep 24, 2021 06:54 | en

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Sudan Qualifies for Debt Relief

category international | economics and finance | press release author Tuesday June 29, 2021 21:56author by Olivia Engling - Jubilee USA Report this post to the editors

The International Monetary Fund approved a debt relief process for Sudan, according to the country's finance ministry. The Heavily Indebted Poor Countries (HIPC) initiative, a debt relief process created in the early 2000s, will wipe out 85% of Sudan's debt, reducing debt from $50 billion to $8 billion.

The International Monetary Fund approved a debt relief process for Sudan, according to the country's finance ministry. The Heavily Indebted Poor Countries (HIPC) initiative, a debt relief process created in the early 2000s, will wipe out 85% of Sudan's debt, reducing debt from $50 billion to $8 billion.

"Sudan needs debt relief as the country emerges from 17 years of conflict and almost half of Sudan's people live in poverty,” said Eric LeCompte, the Executive Director of the religious development group Jubilee USA Network, which campaigned for the HIPC process more than 20 years ago. “Debt relief for Sudan means reducing child poverty and growing the country's economy."

In March, the United States loaned $1.1 billion to clear Sudan’s debt payment arrears to the World Bank and convened creditors to secure debt relief. A process also moved forward to cut Sudan's IMF debt in arrears.

“As Sudan struggles with the health and economic impacts of the coronavirus, debt relief is a critical resource for recovery," shared LeCompte.

Sudan is the 38th country to benefit, out of 39 countries eligible for the HIPC initiative. Eritrea is the remaining country.

Related Link: https://www.jubileeusa.org/debt_relief_initiative_sudan_2021
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