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Canada gives African island a break

WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.

Original Post Date: 2005-01-18  Posted By: Jan

From the News Archives of: WWW.AfricanCrisis.Org
Date & Time Posted: 1/18/2005 5:08:32 AM
Canada gives African island a break
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Canada gives African island a break

From the News Archives of: WWW.AfricanCrisis.Org


Date & Time Posted: 1/18/2005 5:08:32 AM

Canada gives African island a break

[Currently big negotiations are on hand to write off Africa’s debt… I think its completely insane. Blacks borrow money… waste it as they please… then whine about interest payments… and then the money is written off… Then they go and borrow all over again!!! Will they never learn? I hope that in the future, Western nations lend less and less money to black Africa and teach them the basics of money handling which teenagers ought to know. Jan]

Ottawa – Canada said on Monday that it was formally cancelling Madagascar’s Canadian debt, worth $17-million, in line with a move announced last year by the Paris Club of Creditor nations.

Finance Minister Ralph Goodale said African nations which improved governance should be allowed “the opportunity to invest in their citizens, rather than be compelled to divert their financial resources to interest payments”.

Madagascar is the fourth African nation which has seen all of its debt to Canada wiped out in the last four months, joining Senegal, Ghana and Ethiopia.

The Paris Club said last year that it had cancelled the bulk of Madagascar’s debt, saying that the country had made important economic and structural reforms. – Sapa-AFP

Source: Independent Online (IOL)
URL: http://www.iol.co.za/index.php?set_id=1&click…/p>


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