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IMF, World Bank Clear Somalia For Debt Relief, Normal Ties To World

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IMF, World Bank Clear Somalia For Debt Relief, Normal Ties To World

The World Bank and International Monetary Fund say the Somalia government has taken necessary steps to be eligible for billions of dollars in debt relief, returning Somalia to the global financial fold.

Somalia is expected to see its $5 billion debt reduced to one tenth of over the next three years.

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The World Bank’s Somalia country representative said the debt relief will be provided once the country delivers reforms, and negotiate relief conditions.

Somalia had not made repayments since the onset of civil war in the country 30 years ago.  That has made it impossible to access loans from international lenders.

READ:  Car Bombs Shake Somali Military Base, Deaths Reported

Debt cancellation for Somalia means the government can acquire funds needed to improve services across the country.

Somali prime minister Hassan Ali Khaire said in reaction to the development, it was like a second liberation after the first which was the independence of the country.

He said the timing is also right, coming at a time when they are going through a difficult challenge.  He said this will give the country an opportunity to provide services to the people and more importantly to combat the coronavirus that is terrorizing global order.

READ:  Governor Fayose Finally Speaks On Ekiti Elections

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Burundi, Sierra Leone Confirm Index Cases Of Coronavirus

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Burundi, Sierra Leone Confirm Index Cases Of Coronavirus

Burundi and Sierra Leone have confirmed Covid-19 index cases. Both countries were among a handful of African countries deemed coronavirus-free.

Sierra Leone president Julius Maada Bio said on Tuesday its first confirmed case involves a 37-year-old man who traveled from France mid-march and had been in isolation since his entry into the country.

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The government says it would not announce a total lockdown yet.  A year-long state of public health emergency has already been declared, commercial flights have been suspended, and schools have been closed.

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Meanwhile, Burundi`s health minister Thadée Ndikumana announced on Tuesday two nationals had tested positive for covid-19 after travelling from Rwanda and Dubai.

There had been doubts over Burundi’s claim that no-one in the country had coronavirus.

READ:  Libya In Chaos Since 2011 Overthrow Of Gaddafi

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Ethiopia Postpones Landmark August Election Due To Coronavirus

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Ethiopia Postpones Landmark August Election Due To Coronavirus

Ethiopia has postponed August parliamentary elections because of the coronavirus outbreak. The country’s electoral board said on Tuesday, the move to delay the highly anticipated general poll has been endorsed by key opposition parties as the coronavirus makes it impossible to prepare.

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The country says a new schedule would be announced once the threat of the pandemic was over.

Voter registration was to begin in April, and political parties would have commenced their campaigns late in May, but much of its planning, such as obtaining election materials on time and training staff, had been disrupted by the pandemic.

READ:  Governor Fayose Finally Speaks On Ekiti Elections

The elections were to be the first since prime minister and Nobel Prize winner Abiy Ahmed came to office in 2018.  He has carried out wide-ranging reforms over the last two years.

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Lawmakers are expected to vote to extend the government’s mandate that will expire in a few months.

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Covid-19 Derails South Sudan’s Peacekeeping Troop Rotation

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Covid-19 Derails South Sudan's Peacekeeping Troop Rotation

The coronavirus pandemic has caused South Sudan to suspend troop rotation in its peacekeeping operation. The move is aimed at preventing the spread of the novel coronavirus.  But this has raised procedural concerns and poses immediate and longer-term implications.

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Five Asian countries are affected by this suspension.  China, South Korea, India, Nepal and Cambodia contribute a third of sixteen thousand peacekeeping staff currently deployed by the united nations mission in South Sudan.

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Some experts believe this decision to suspend the troop rotation will have an immediate effect on the mission and the UN’s broader peacekeeping capacity.  It is also believed there would be implications for long-term peace and stability in South Sudan.

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Experts say a prolonged stalled troop rotation would very likely cause severe fatigue among troops overdue for replacement. Rotations usually happen every twelve months.

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