Che -Guevara

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Everything posted by Che -Guevara

  1. America is an empire without territories. It is actually in their interest to be in Germany even they may sell this as a move against Russia. And with former communist countries including Poland, Hungary looking east, it is ever more important for Germans to have the Yanks there. And honestly, Europeans need a referee or they will go back to fighting themselves
  2. IMF Staff Concludes Visit to Nairobi to Meet the Somali Authorities September 21, 2018 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion. Despite a difficult economic and political environment, the Somali authorities are building a good track record of policy and reform implementation. The authorities are completing the preparatory steps for the launch of the new national currency, a high priority in their reform agenda. An International Monetary Fund (IMF) staff team led by Mohamad H. Elhage visited Nairobi, Kenya, from September 15–20 to discuss with the authorities recent macroeconomic developments, progress under the SMP, and the economic outlook. At the end of the visit, Mr. Elhage issued the following statement: “The Somali authorities are building a good track record of policy and reform implementation. Despite a difficult economic and political environment, the Federal Government of Somalia has successfully completed two consecutive 12-month Staff-Monitored Programs (SMPs) since May 2016, and on June 20 this year, the Managing Director of the IMF approved a third 12-month SMP (SMP III) covering May 2018–April 2019. This third SMP will continue to lay the foundation so that Somalia obtains debt relief under the Heavily Indebted Poor Country (HIPC) Initiative as soon as feasible once established benchmarks are met. “Despite recent efforts to further solidify economic stability, security and peace, challenges are significant. Somalia’s fragility is compounded by its vulnerability to natural disasters. The 2016–17 drought, which was followed by floods in some regions in 2018, has led to large humanitarian needs. Due mostly to an increase in internally displaced persons, demand for humanitarian assistance remained elevated in 2018. To address the weak security situation in the country, the Federal Government, jointly with the international community, has renewed its focus on building the capability of Somalia’s security forces and institutions as the country prepares for elections in 2020-21. “Economic activity is recovering slowly from the 2016–17 drought aided by favorable rains and continued strong remittance inflows. For 2018, growth is projected to recover to 3.1 percent from 2.3 percent and inflation to ease to 3.5 percent, down from 5.3 percent in 2017. Fiscal performance through July was strong. This was driven by strong domestic revenue collection which largely offset the slow disbursement of grants. “Performance under SMP III is satisfactory. The three end-June structural benchmarks and all six indicative targets were met. In addition, the September benchmarks are well on track and progress has been made to advance on the December 2018 and March 2019 benchmarks. “Given the uncertainties about grant disbursements, expenditure will need to be contained. In this regard, the IMF team recommends the following measures for the remainder of 2018 to keep the fiscal framework on track: Continue to improve revenue collections from recent tax measures, including: (1) sales tax on imports of goods; (2) corporate profit tax; (3) sales taxes and license fees from telecommunication companies; and (4) continue transferring revenue collection from ministries, departments, and agencies to the Ministry of Finance, including visa charges, and passport and labor registration fees. Strengthen revenue collection by the Large-and-Medium-Taxpayers' Office, which has been fully operationalized since June. Ensure that grant projections are consistent with confirmed pledged grants. “The team commends the authorities’ strong resolve to successfully complete the preparatory steps for the launch of the new national currency, which remains a high priority in their reform agenda. They intend to swiftly establish a currency reform project management plan and administration along with an accountability framework. “Given the difficult economic and political environment, there are downside risks to the program. However, the authorities’ continued strong commitment to the program, donor support, and efforts to strengthen relations with Federal Member States should mitigate those risks. “During the visit, the team met with the Finance Minister, Mr. Abdirahman Duale Beileh; Central Bank Governor, Mr. Bashir Issa Ali; and other officials. The team also met with representatives of bilateral and multilateral donors present in Nairobi to support the authorities’ efforts to raise the funding for Phase I of the currency reform, update them on the performance under the SMP, and to coordinate efforts on capacity building activities. The team appreciates the open and candid discussions with the authorities and is grateful for the information made available to staff. Discussions also paved the ground for the 2018 Article IV Consultation visit that will be combined with the first review under SMP III, scheduled for November/December 2018.” MEDIA RELATIONS PRESS OFFICER: WAFA AMR PHONE: +1 202 623-7100EMAIL: MEDIA@IMF.ORG
  3. Reuters) - The World Bank has approved $80 million in loans to Somalia to fund public finance reforms, marking the first disbursement to the government of the conflict-ridden country in 30 years, the bank said. The Washington-based lender, which suspended ties with the country when war broke out in 1991, resumed support for Somalia in 2003, at the time saying it would focus on HIV/AIDS and livestock programs with other organizations, but it has not approved any direct lending to the government to date. It reopened direct ties with Somalia's federal government in early 2013. Its board had approved financing of $60 million for the Recurrent Cost and Reform Financing Project and $20 million for the Domestic Revenue and Public Financial Management Capacity Strengthening Project, it said in a statement late on Tuesday. "They (loans) represent a milestone in Somalia's development and reconstruction," the bank said. The bank said it would also work with the government in Mogadishu to improve services like education and healthcare, access to clean water, energy and finance for its citizens - under a program called Country Partnership Framework. Somalia's economy was forecast to grow by an average of between 3.5 and 4.5 percent annually in 2019-2022, when the partnership on social services will run, the bank said. "While agriculture is key to the economy, it remains vulnerable to shocks. As such, services will continue to be a main driver of growth, especially in the financial, transport and communication and trade sectors," the lender said. Hit by decades of conflict at the hands of clan militias, Somalia has over the past several years also been pummeled by an insurgency by al Qaeda-linked al Shabaab, famines and maritime piracy. Parts of the country are still plagued by militant violence, but a degree of stability in the capital in recent years has begun to draw investment from locals and Somalis living abroad. Last week, the International Monetary Fund said it expected the economy to grow by 3.1 percent this year from 2.3 percent in 2017, as it recovers from drought last year. (Reporting by George Obulutsa, Editing by Duncan Miriri and William Maclean)
  4. America allows dual citizenship even for politicians. You are only required to renounce the citizenship of the other country if you will be employed by the US Federal Government (there are even exceptions that to). So the idea of Farmajo not going to US because of his dual citizenship is bs.
  5. I should have clarified, the question was not meant for the insane who have wet dreams about dead men.
  6. This is in regards to the brother who was murdered in the most brutal way because his nephew dare to marry a girl from a "majority" clan. Obviously, the clan as whole didn't commit the crime but the motivation behind the crime is very clear. It's also worthy, according to the mayor of Xamar, some Xildhibaano tried to defend or free the perpetrators..
  7. Addis Standard @addisstandard Update: it also said attempts to deny the #Oromo of "their ownership"of the city of #AddisAbeba (#Finfinne) must stop; but said the city should be home to every Ethiopian whose group and individual rights must be respected. It added this should not deny the Oromos their ownership
  8. I am not defending him, I just find curious the four of you have indulged rhythmic sacab tun, all directed at one man. Surely, you have a different opinions or Is reerka always on the same wavelength. I defend people on merit, I must say Farmajo has been failure. One wonders what he does from day to day. What's actual work schedule is like
  9. The Woyane's job is create to a discord between Amhara and Oromo either by siding with one group or playing the role of kingmaker. There are early signs of this plan working. The problem with Amhara is that they want to go back to a bygone era. The biggest news that no one is talking about is the Federal Government have no control over large swaths of rural areas. In fact control of the federal government in Oromo is shrinking by the day and other ethnic groups are taking note. OLF is spreading through Oromo countryside with weapons intact.
  10. Everybody is clan. In any case, what you or I think doesn't matter, it looks like Muse the menace is embracing them. Tell me, Xaaji, who do you hate more OGs or the invading Oromo?
  11. Xaaji, Considering how much you a lot talk about Farmaajo, I think you guys are related. Only a family member who you had a falling out with can spend so much b!tching about you.
  12. And you are not? Ironic really, Somaliland would have handed him over to the Woyanes just not too long ago.
  13. Tallaabo, I am happy where I am. Besides, one dusty Somali town is as good as next one.
  14. Excellent! I hope this catches on in other places. Somalis build horrible houses not mention the blinding blue glass high-rises.