Tuesday, November 13, 2007

Here's that $4.5 billion you wanted! Enjoy!

'Liberia has found it difficult to get financial support because of a total international debt estimated to be $4.5bn.'
http://news.bbc.co.uk/1/hi/business/7091917.stm

Why don't articles like this ever tell us:
1) Who asked for the $4.5 billion loans in the first place?
2) What was the money intended to be spent on?
3) Can we see what the money was spent on? Where are the infrastructure/hospitals/training schemes/schools?
4) Why weren't we told when the loans were TAKEN OUT?
5) Does anybody assess the wisdom of these loans beforehand or do they just plonk down $4.5 billion in the coffers of anybody who sidles up?
6) Why would anyone anywhere ever give Africans any money ever again?

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