World Bank approves $137.5 million for Somalia

[kickz]

Debt relief beginning to pay off.

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[madaxweyne]

Debt relief beginning to pay off.

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137 million dollars were rich

 

[OTF]

I’m guessing it’s a grant. Since Beyle said Somalia is not eligible for loans.

 

[Mr.Haggis]

how can a country like somalia be reliant on handouts?

 

[المهندس]

This will obviously get pocketed.

 

[OTF]

isaaqland(the whole of Somalia really)would starve with out those “handouts” tbh.

 

[PhySom]

Great!

This is the equivalent of increasing the budget by 1/3rd

 

[kickz]

how can a country like somalia be reliant on handouts?

Great!

This is the equivalent of increasing the budget by 1/3rd

Guess that election delay lobby money has to come from somewhere

 

[PhySom]

137 million dollars were rich

View attachment 117664

137 million dollars for a population of 15 million is only $9.13 per person.

 

[kickz]

I’m guessing it’s a grant. Since Beyle said Somalia is not eligible for loans.

Makes sense considering they mentioned where the money will go.

 

[Yahya]

Some ppl just cannot make their minds up. Either it's the government is useless and can't get aid money to help out in disaster or the government will take all the money and how dare they receive aid money.

My god. Given how dysfunctional we are as a ppl, it's no wonder we are so poor and dying out.

 

[Louis Vuitton Don]

There are 20 something year olds somewhere in Silicon Valley with that much in their checking account and a whole country with the longest coastline in Africa can’t muster 137 Ms on their own. Qaasaro the Somali race

 

[kickz]

Some ppl just cannot make their minds up. Either it's the government is useless and can't get aid money to help out in disaster or the government will take all the money and how dare they receive aid money.

My god. Given how dysfunctional we are as a ppl, it's no wonder we are so poor and dying out.

Nothin but xaasidnimo, getting oil is bad, debt relief is bad, etc.

 

[Mr.Haggis]

There are 20 something year olds somewhere in Silicon Valley with that much in their checking account and a whole country with the longest coastline in Africa can’t muster 137 Ms on their own. Qaasaro the Somali race

I wonder the same

 

[Yahya]

Nothin but xaasidnimo, getting oil is bad, debt relief is bad, etc.

Walaahi it's as if they want to live comfy in the west all superior and "shiiet!!", while their relatives grovel at their feet for crumbs during ramadan and eid and on some occasions they starve the rest of the year.

Allah sees the hearts and will judge them. Little do they know.

 

[Webb]

Will the money be released in small instalments across a certain period, or as a single sum immediately available

 

[kickz]

Will the money be released in small instalments across a certain period, or as a single sum immediately available

Looks like all at once.

@OTF you were right it’s not a loan

 

[angelplan]

^^