Showing posts with label FfD. Show all posts
Showing posts with label FfD. Show all posts

Thursday, July 23, 2015

IMF Board to Meet on Ukraine July 31, No Answers on Africa, Madagascar, FfD



By Matthew Russell Lee

UNITED NATIONS, July 23 -- When the International Monetary Fund held a belated media briefing on July 23, before taking its summer break, nearly all the questions were about Greece; at least two Africa questions (from Inner City Press) were not answered, including:
On Madagascar, the IMF's Patrick Imam has said “certain preconditions for the... Extended Credit Facility (ECF) are not yet fully met.” What are those conditions, and what are the IMF's next steps on Madagascar?
What is the IMF's view of the Financing for Development agreement reached in Addis Ababa this month, in particular the non-inclusion of a mechanism to deal with inconsistent global corporate taxation?
  While leaving these and a Press request for an update on Nepal unanswered, the IMF went around and around on Greece and then Ukraine. On the latter, there is a July 31 board meeting tentatively set - before the Board's summer recess. 
  On Greece, spokesperson Gerry Rice could not or would not confirm a Troika visit to Athens. He praise Delia Velculescu, being shifted by the IMF to Greece from Cyprus. In the capacity, she answered Inner City Press' questions a year ago, here
 Apparently answers depend on what (country) you're asking about. A country like Nepal might merit answers for a few briefings, but then no updates (or follow through). We'll have more on this.
  Since the Nepal earthquake, Inner City Press has been asking the International Monetary Fund if it would move to relieve the country's debt burden. Inner City Press resubmitted the question for the IMF's embargoed June 25 briefing, and during it, IMF spokesperson Gerry Rice read out the question and answered it. Transcript herevideo here from 47:50.
  Inner City Press' question: "On Nepal, in the run up to the June 25 International Conference of Nepal’s Reconstruction, and with the World Bank announcing $500 million, is the IMF intending to do anything beyond the $50 million (one year) and $124 million (overall) in its response in the last briefing? Through the IMF's Catastrophe Containment and Relief Trust?"
  Rice said the IMF is represented at the conference in Katmandu -- contrary to some reports, UN Secretary General Ban Ki-moon is NOT there -- and could be the request for the $50 M / $124 M to the Board in July. He emphasized this would be zero interest under the RCF but said Nepal is NOT eligible for the CCRT, GDP damage is not enough. 
  Inner City Press would ask, should that threshold be lowered?
  On Jordan, Inner City Press asked: "On Jordan, having seen the IMF's announcement about the end of July, has there been any movement on the criticism by the head of UNHCR and others that the IMF and World Bank in treating Jordan (and Lebanon, etc) as “middle income” can't or don't do enough to provide support given the volume of refugees they have received?"
  Rice said, in essence, that the IMF has been flexible and has given fiscal space to deal with the refugee issues (we'll add the transcript later).  
  Back on June 11 Rice said that Nepal had made a request to the IMF under the Rapid Credit Facility, and that the IMF will send a mission to the country coinciding with the donors' conference on June 25. He said Nepal could be eligible for $50 million annually, for a total of $124 million. We'll see.
   Rice also answer questions Inner City Press submitted on Ghana's Eurobond and about Jamaica. (He said these questions, “from the UN in New York,” remind of other things in the IMF briefing room other than Greece and Ukraine).
  On Ghana, Rice said that the Eurobond was “envisioned” in the recently agreed program. But what is the status of any talks about it? Inner City Press asked, “Ghana's Minister of Finance, Seth Terkper, says the government intends to issue a $1 billion 10-year Eurobond in 2015. What are the status of talks with the IMF in this regard?”
  On Jamaica, Inner City Press asked, “On Jamaica, please comment on criticism that the percentage of people in under the poverty line has grown alongside the IMF's program and that 'last year, Jamaica paid the IMF over $136 million more than it received.'”
   Rice acknowledged that in 2014-15 there was a negative flow out of the country to the IMF, of $163 million. But he said with the new program that has reversed, to in-flow into Jamaica of $127 million in 2015-16, projected to rise to $176 million in 2017-18. Rice acknowledge the rise in the poverty rate from 9.9% in 2007 to 20% in 2012, but said this had to do with the global financial crisis and is the reason for the IMF's program. We'll see.
   Inner City Press had also asked for updates if any on Yemen and Burundi -- apparently there are no updates -- and one on a quote from Romania's National Bank Governor Mugur Isarescu saying the IMF's “communication has sometimes been problematic.” Still, three answers are appreciated.
  On Greece, for the record, Rice said there are major difference between us, with little to no progress made in narrowin them. On Ukraine, he said the IMF can lend to a country that has arrears to private creditors provided other conditions are met. Ukraine certainly has Western political support.

 
 

Saturday, July 11, 2015

On Yemen, UN's Ban Ki-moon Was Urged Not to Announce Dubious Pause, Now Silent


By Matthew Russell Lee
UNITED NATIONS, July 11 -- The UN Secretariat's bungling of Yemen mediation has become ever more clear, according to multiple sources and documents exclusively seen by Inner City Press, see below. On July 9, UN Secretary General Ban Ki-moon proudly announced a humanitarian pause to start on July 10 at midnight.
  It quickly became clear that some of key parties had not been spoken with or agreed; the pause's midnight beginning came and passed amid airstrikes.
  Now Inner City Press is informed by sources that Ban Ki-moon was urged to not make the dubious pause announcement, including from within the UN's own Department of Political Affairs -- but Ban announced it anyway.
  At best, it was rolling the dice. At worse, on the very day that UN is rightly criticizing itself for making false promises of protection in Srebrenica 20 years ago, in this case Yemenis were told there would be a pause, and some perhaps relied on it, to their detriment. And still the UN had said nothing.
  After the July 9 announcement, Inner City Press asked Ban's spokesman if the Saudis had been spoken with. The answer was, Hadi told the Saudis his position. But did Hadi ever agree to the pause, or just to the conditions set forth in his letter to UN? What of Hadi's responsibilities to the Yemeni people?
  Where is the UN's replacement envoy Ismail Ould Cheikh Ahmed? Headed to Ethiopia, Ban's spokesman said, to meet with Ban on the sidelines of the Financing for Development conference there. Does IOCA harbor ambitions for another UN system post, or back in his own country? What sort of a track record is this? Watch this site.
 At the July 10 UN noon briefing in New York, Inner City Press asked Ban Ki-moon's spokesman Stephane Dujarric if the UN had spoken with those in Yemen opposing the Houthis but not supporting or in contact with Hadi. Video here. From Dujarric's answer, it seems no such contact has been made.
  So, Inner City Press asked, if such a group fires on the Houthis and they fire back, is the pause over, has it been violated? We'll see what happens.

Back on July 9, Inner City Press asked UN Spokesman Stephane Dujarric, transcript here:
Inner City Press: can you, one, characterize not the communications with Mr. Hadi, but with Saudi Arabia that's running the coalition, the Saudi-led coalition.  And does this mean the Secretary-General's understanding is no airstrikes during this time period, and no further advances or use of heavy weapons by the Houthis?  Does the pause mean no firing? What does it mean to each of those two sides?

Spokesman Dujarric:  What it means is that, if you read the statement, the President… Secretary-General notes that the President, President Hadi, has communicated his acceptance of the pause to the coalition to ensure their support.  A humanitarian pause means no fighting.  It means no bombing.  It means no shooting.  It means no fighting.  It means exactly that:  a humanitarian pause in the fighting that we've seen, to enable our humanitarian colleagues to get the aid to where it's needed, to preposition, and stockpile, and to reach the millions that need it.

Inner City Press:  Right.  But just for example, policing, who's doing policing in these various cities?  Things happen.

Spokesman Dujarric:  Obviously I think… [cross talk] In any area in the country, there is a… there is de facto control and, obviously, there is a need to ensure safety and security.  What we're talking about is a humanitarian pause in the fighting that we've been witnessing for weeks on end now.

Inner City Press:  So just one last thing on this.  So the commitment on airstrikes is through President Hadi to the UN?

Spokesman:  You know, the… [cross talk] Obviously, President Hadi is a critical interlocutor with the coalition.  And as I've said, we've taken note of the fact that he's conveyed to the coalition his acceptance.  We expect everyone involved in this conflict to honor this humanitarian pause.
 On July 7 the UN's Office of the High Commissioner for Human Rights upped its estimate of civilians killed since March 27 to 1,528, adding that one million people have been displaced since the beginning of this round of the conflict. To the Saudi airstrike on UNDP in Khormaksar, Aden, OHCHR added that "IOM’s Migrant Response Centre in Basateen, also in Aden, was struck by a mortar and an airstrike damaged IOM’s office in Harad."
   IOM, as Inner City Press reported, had earlier paused its evacuation by air of those seeking to flee Yemen due to some party, which it left unnamed, demanding information about those fleeing BEFORE the flights could leave. Inner City Press has asked others in the UN about this and has been told IOM should have done the screening after the people were able to flee. IOM refused a direct question about caused it to violate this best practice, then stopped sending the Press any information.
   There are countries, normally vocal about civilian deaths, which are selling military equipment to Saudi Arabia and its Gulf allies. Ban Ki-moon, now in Oslo, is relying entirely on Saudi-selected replacement envoy Ismael Ould Cheikh Ahmed, who was unable to even get the parties in the same room in Geneva, much less reach an agreement. There remain, for now, OHCHR's body counts.
  On June 24, Inner City Press asked the UN's replacement envoy Ismail Ould Cheikh Ahmed about the request by the Houthis and others to meet not with him but with Secretary General Ban Ki-moon, who did not meet with them in Geneva. Transcribed here
  On June 25 Inner City Press asked Ban's deputy spokesperson Farhan Haq to confirm receipt of the letter and if Ban will meet them. Haq said Cheikh Ahmed is the envoy, and Ban's headed to San Francisco. The UN Security Council issued a Press Statement, here.
 Also on June 25, Inner City Press asked new UN aid chief Stephen O'Brien three questions about Yemen: cholera, the destruction of ambulances in Sa'ada and about international staff. Video here.
  O'Brien replied that cholera is a risk; he had no information on WHO it was that destroyed the ambulances in Sa'ada (we can guess.) On international staff, which the UN evacuated earlier, he spoke of a rise from 17 to 70, with the goal of getting to 200. He would not say if they are anywhere in the country outside of Sana'a, citing security. But at least he spoke - the Free UN Coalition for Access thanked him.

Here's from the June 24 stakeout, as fast transcribed by Inner City Press:
Inner City Press: On the parties in Sanaa requesting to meet the Secretary General – what’s your response?
Cheikh Ahmed: "This question was raised during our discussion with the Houthis, the GPC and their allies. The Secretary General had delayed twice his travel in order to be there for the parties. We have sent twice a plane from Sanaa which the delegation from Sana'a could not take..  Therefore the Secretary General had a major engagement, which was the election of the new president of the General Assembly which takes place only once a year , and he had to attend it. But the Secretary General will continue being engaged on this."
  The ceremonial elevation of the President of the GA who will take over in September was not an election at all - no vote was taken. At the top, Cheikh Ahmed said (again, as fast transcribed by Inner City Press)
"I just briefed the Security Council on the latest developments in Yemen, with a particular focus on the Geneva Consultation. I informed the Council that the Geneva intra-Yemeni Consultations are a milestone... Despite the raging battles and ongoing violence, and the dramatic humanitarian situation, Yemenis accepted the Secretary General’s invitation and participated in the consultations.
"The personal presence of the Secretary General was an indication of the primary importance attached by the United Nations and the international community, and in particular the Secretary General himself on the Yemeni situation. I deeply regret the deep division between the parties and the lack of compromise that prevented an agreement that was within reach. The holding of the Geneva consultation was itself a great achievement in light of the extreme violence unleashed in Yemen.
"While the government came to Geneva to seek the implementation of Security Council Resolution 2216, the government acted in a positive and constructive spirit. Both sides showed signs of constructive engagement. There is an emerging common ground upon which we can build to achieve a ceasefire coupled with a withdrawal.
"While we pursue a long term cessation of violence, I call on all relevant parties to agree without delay to the humanitarian truce, especially during Ramadan. We should not forget that Yemenis are living under dire conditions and it pains me to witness this ongoing suffering. I call on all stakeholders to spare no effort to help us achieve a temporary respite for the Yemeni people.
"I am aware that reviving the political process will not be easy. The Secretary General and I have been clear from the outset that this consultation was only a stepping stone towards the long inclusive political process. All the parties affirmed their commitment to remain engaged with the UN in search of a peaceful solution of the conflict. I have no doubt that it is possible to build upon this positive spirit in the forthcoming consultation.
"I strongly believe that the UN facilitated intra-Yemeni consultations offer the best chance for moving towards a de-escalation of the crisis and a return to the political process. I personally believe there is no military answer to this conflict. I therefore remain committed and will spare no effort to achieve a cease fire and the swift return to a peaceful, inclusive political process."
 Before the meeting, UK Ambassador Matthew Rycroft stopped and told the press of the danger of famine in the country, and of his hope for a Yemen Press Statement from the UNSC, in which the UK is the "penholder" on Yemen.  Periscope video here, replay including on desktop for 24 hours.
 Inner City Press was digging into the letter from political parties IN Yemen, asking for a meeting with Ban Ki-moon, NOT with replacement envoy Cheikh Ahmed. These parties, including but not limited to the Houthis, were delayed in getting to Geneva so that they could not meet with Ban (who while there DID meet with a US-listed Al Qaeda terrorist).
  While some are sure to argue that Ban now meeting with the parties would undercut Cheikh Ahmed, others point out the the underlying resolution speaks of the Secretary General's Good Offices INCLUDING his Envoy. The envoy is not the only game in town - nor, given his lack of disclosure, raised by Inner City Press, should he be. We'll have more on this.