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Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Diarmaid Ferriter: Denial and the language of cute hoorism

offsite link Fianna Fail liars Anthony

offsite link RTE journalist Claire Byrne brings Fine Gael TD Alan Farrell to heel Anthony

offsite link Is the establishment media finally waking up to political corruption? Anthony

offsite link Bus strikers beat themselves up Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Syrian War Report ? April 24, 2017: Government Forces Liberate Large Areas In Northern Hama Mon Apr 24, 2017 16:46 | Scott
https://southfront.org/syrian-war-rep... If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/donate/ or

offsite link Serbia?s Post-Electoral Protest Was A Charade Mon Apr 24, 2017 15:17 | The Saker
by Stephen Karganovic Just as a week ago we speculated might happen, Serbia?s mass anti-regime protests, which started as if on cue the day after the apparently ?not so free

offsite link Le Pen &Trump aren?t even close ? are we stuck with Emmanuel Macr-Obama? Mon Apr 24, 2017 15:16 | The Saker
by Ramin Mazaheri It?s not that the National Front has changed since the 1980s ? it?s that the other parties have changed so much for the worse. C’est ça ? that?s

offsite link Syrian Army?s 5th Assault Corps: Formation, Operations, Capabilities Mon Apr 24, 2017 01:25 | Scott
https://southfront.org/syrian-armys-5... If you?re able, and if you like our content and approach, please support the project. Our work wouldn?t be possible without your help: PayPal: southfront@list.ru or via: http://southfront.org/donate/ or

offsite link Trump ? From Coward to Hero ? MOAB, Syria, North Korea and Yemen are the Answer Sun Apr 23, 2017 23:46 | The Saker
by Peter Koenig Trump, within a span of a week, has made a U-turn; from a coward to hero. So the MSM; his aggressive violence, his murderous killing spree in

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link NUI Galway Announce New Director of Irish Centre for Human Rights Mon Apr 24, 2017 11:50 | Eoin Daly

offsite link Barriers to first trimester abortion care. Sun Apr 23, 2017 12:31 | admin

offsite link Why would any country put abortion in the Constitution? Thu Apr 20, 2017 17:28 | Máiréad Enright

offsite link Northern/Ireland After Brexit: Exploring the Human Rights Impact Tue Apr 18, 2017 15:06 | Liam Thornton

offsite link Call for Applications: Challenges to International Criminal Justice Summer Academy Northumbria Unive... Tue Apr 11, 2017 19:20 | Charles O'Mahony

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link A new dynamic in Irish politics ? at least the LP hopes so? 12:58 Mon Apr 24, 2017 | WorldbyStorm

offsite link Predictions for the UK GE 11:00 Mon Apr 24, 2017 | WorldbyStorm

offsite link Left Archive: Comment, British and Irish Communist Organisation, Vol 2, No.3, 22 June 1973. 03:40 Mon Apr 24, 2017 | WorldbyStorm

offsite link Meanwhile? in France 19:33 Sun Apr 23, 2017 | WorldbyStorm

offsite link Will this shake matters up? 19:32 Sun Apr 23, 2017 | WorldbyStorm

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World Bank Announces Package of Aid and Loans to Ebola-Affected Countries

category international | economics and finance | news report author Friday April 17, 2015 15:22author by Sophia Har - Jubilee USA Network Report this post to the editors

The World Bank announces $650 million in new concessional loans and grants for Sierra Leone, Guinea, and Liberia at the start of the Spring IMF and World Bank meetings.

As the Spring International Monetary Fund (IMF) and World Bank meetings open, the World Bank announced $650 million of new grants and concessional loans to the countries of Sierra Leone, Guinea and Liberia. About $220 million will be aid in the form of grants and the remainder will be in the form of highly concessional loans. Currently the three countries owe a combined $518 million to the World Bank. Liberia owes $105 million, Guinea $186 million and Sierra Leone $227 million.

“We urge the World Bank Group to consider bolstering their commitments with a new debt relief package for the impacted countries,” said Eric LeCompte, executive director of the religious development coalition, Jubilee USA Network. “We applaud the new aid for the affected countries and hope that the World Bank can come up with some rapid response plan to address this kind of crisis much faster in the future.”

The new financing is through the World Bank's International Development Association (IDA). The IDA determines its lending terms based on the borrowing country's risk of "debt distress." The new IDA financing will be distributed as approximately 50% grants to Sierra Leone and Guinea and 100% as loans to Liberia. The loans will be repaid over 25 to 38 years. In February, the IMF announced $100 million in debt relief for the three West African countries and called on governments to contribute $70 million more. The IMF also set up a new debt relief fund for poor countries struck by natural disasters or health crises.

"As a development institution, we need the World Bank to respond faster," said LeCompte, who serves on United Nations expert groups on debt. "It's ironic that the innovation for dealing with this crisis and future crises is coming from the IMF, whose mission is not development. World Bank innovation would look like a permanent facility to solely administer grants when the poorest countries face crisis."

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

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