Well people: It doesn’t require history lessons for the readers to know that the IMF and its policy is there to safeguard the Bankers and the lenders. As we have seen it is Greece and Argentina, it is the regular people who pay the price and sink to poverty an deprivation. Even if we take the economic crises which hit asian countries in the 90th, the countries which defied the instruction and demands of IMF policies recovered sooner while countries who followed their demand sank to deeper poverty. when it comes to Africa, there is not even a slice respect from those organization, i have witnessed an Ugandan minister to be humiliated in his own country some junior officer who cant even be older than 25. Talk about having a different and distorted understanding of sovereignty and independence from the baboon countries.

Eritrea learning from the baboon countries mistakes, it always took a cautious stance when it deals with these [deleted] blood suckers organizations....but this is not the issue i want to raise here but the desperate smear campaign by the US ambassador to Eritrea.

E.O. 12958: DECL: 01/07/2019
TAGS:
SUBJECT: ERITREA SPURNS WORLD BANK, ACCEPTS UAE LOAN

Classified By: Ambassador Ronald K. McMullen for reason 1.4(d)


1. (C) BANK: WANT $30 MILLION? ERITREA: NO THANKS
--------------------------------------------- -----
Eritrea, objecting to conditions considered "an infringement
on its sovereignty," has forgone World Bank funding amounting
to about $30m in project support that would have, inter alia,
renovated the country's antiquated electrical system. The
World Bank country director (protect) told the ambassador
January 13 that Eritrea refused to sign the standard
agreement to notify the Bank in the event Eritrea took on
additional non-concessional debt. Regime officials told the
country director that Eritrea had no plans to take on any new
non-concessional debt, but objected in principle to the
requirement, as it impinged on Eritrean sovereign authority.

2. (C) BANK: ANOTHER $50 MILLION? ERITREA: SILENCE
--------------------------------------------- -----
The country director stated that in addition to losing the
$30m, Eritrea has not responded to Bank offers regarding an
additional $50m in available project funds and credits. He
said the World Bank office in Asmara had not received regime
permission to buy diesel fuel since April 10, 2008 (along
with NGOs and UN agencies) and speculated that the Asmara
office may see a long staffing gap in its expatriate director
position upon his departure later in 2009. The country
director also related a request he made to the Minister of
Agriculture for information on recent crop estimates and a
potential appeal for food assistance; the Minister said he
would provide no information and would not support the notion
of a special appeal.

3. (SBU) ABU DHABI: HOW ABOUT $20m? ERITREA: YES!
--------------------------------------------- -----
Eritrea has accepted a loan of about $20m from the Abu Dhabi
Fund for Development (ADFD) to be used to "support the
infrastructure of the country," according to January 14 media
reports. The loan agreement was reportedly signed for
Eritrea by an official of the Office of the President, not
from the Ministry of Finance.

4. (C) COMMENT: These developments illustrate the Isaias
regime's growing proclivity for largely "stringless"
assistance from Gulf states and a mounting distain for offers
of multilateral or Western bilateral assistance that require
some accountability. The Gulf assistance may have political,
as opposed to financial, strings attached. Dubai has become
a leading get-away destination for regime big shots; Dubai is
the only destination regularly served, with a fueling stop in
Jeddah, by nearly moribund Eritrean Airlines. According to a
leading opposition figure, Isaias personally purchased
property in Dubai's Palm Islands development in 2008. In the
face of widespread food shortages, rather than appealing for
international food assistance, Isaias publicly condemned
"materialism" and urged Eritreans to aim for a daily intake
of between 1,500 and 1,200 calories. END COMMENT.

MCMULLEN

WOW! EREY REDUCING THE ONLY SUPERPOWER TO A LADIES- GOSSIP CHATROOM GANG! ERITREANS THE PRIDE OF THE BLACK RACE!

The president is living to his words. " Rely on yourself."

Qiqiqiqiqi

He knows Eriteria is not the future for his children. He must be ready. By the way you want us to belive you.

PIA must be the only leader in the world not allowed to buy a house.

According to a leading opposition figure, Isaias personally purchased property in Dubai's Palm Islands development in 2008.

Come to think of it, the unnamed "leading opposition figure" is probably right, but not correct. Here's why. The Dubai palm island consists of 300 man-made islands shaped like a map of the globe, and each island was named after a country. Which means that there is an island named after Eritrea. So, it's possible that the unnamed "leading opposition figure" who shares office building with the slave Meles Zenawi at the Menelik Palace, could have been easily misled by his emotions into thinking that the island named Eritrea belongs to President Isaias Afewerki.

By the way, there's also an island named after Ethiopia that, according to News reports from 2009, Brad Pitt and Angelina Jolie were supposedly interested in buying the island. Go figure !

It will not surprise me if they claimed that they found the Iraqi WMDs in Eritrea. But, luckily they found them in Iraq, in the form of a pair of shoes thrown at the American president, Bush, in the middle of a press conference with the Iraqi president standing on his side- one was thrown in the name of the widowed mothers and the other in the name of the killed children.

Moribund Eritrean airline is rising, it has four airbus planes and serves several destinations. I am going to ride it one of these days. I would like them to take me to Serengeti for my next vacasion.