EU Sweden votes to pay Somalia’s IMF debt


Sweden’s Parliament voted yesterday to pay 21 million Swedish kronor (approximately 2 million euros) of the African nation of Somalia’s debt to the International Monetary Fund (IMF).

The vote was unanimously in favour of the proposition apart from the ten MPs from the Right-wing Sweden Democrats’ delegation, who all voted against it, according to a report by Samhällsnytt.

Prior to the vote, Dennis Dioukarev, a Sweden Democrat MP representing Gothenburg, gave an address in which he questioned why the Swedish taxpayers’ assets should be used to pay off Somalia’s debt.

The Parliament’s decision was especially strange considering that the world is currently entering the worst economic downturn that it has seen in the last century as a result of the Wuhan coronavirus (COVID-19) pandemic.

“Could have gone to pensions, but Somalia is more important than old people who have worked all their lives and paid huge sums in taxes,” one critic of the decision commented on Twitter.

The payment will be made by Sweden’s Riksbank, which is the country’s central bank. The proposal submitted to the Swedish Parliament, which was been made available on its official website, justifies the move by claiming that Somalia has been unable to take out new loans from the IMF “for a long time” because the African country hasn’t been making its debt or interest payments.

The proposal also says that Somalia’s inability to repay its IMF debt has also prevented it from having access to other forms of aid and loans, which in turn has negatively impacted the country’s economy.

Somalis are one of Sweden’s largest immigrant communities. It has been estimated that there are currently 60,000 Somalis living in Sweden, many of them in Rinkeby, a Stockholm suburb which has been dubbed “little Mogadishu.” Last year Mona Walter, a Somali woman living in Sweden who was raised as a Muslim but then rebelled against her upbringing and converted to Christianity, predicted that in fifty years, if present trends continue, Sweden will become fully Islamicized, both demographically and culturally,

The argument(no subtitles):
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This is totally unnecessary and unfair to the Swedish taxpayer, Somalia has pretty high economic potential particularly with it's geographic location being so close to a huge percent of international shipping(30% of Europe's oil passes through the gulf of Aden). Although clearly it's always going to be a shithole, they can repay a 2.5 million dollar loan. Why isn't this put towards helping the already suffering Swedish people?
 
In the grand scheme of the Swedish economy, which is several hundred billion, 2 million euros is nothing. The principle of a government voting to pay off Somalia's IMF debt using their taxpayer money however, is fucking disgusting.
 
Good job paying out that IMF loan that wouldn't have been repaid anyway. I doubt the Somalian diaspora gives a fuck, they didn't care about their own "country" even when they was living there, let alone enjoying the gibs on the other side of the globe.

This is peak optics, while 2 million euros are pocket change for a country they could at least wait with it until the economic downturns caused by the Covid-19 was negated somewhat. Of course that would mean the opinion of the people are considered, or something.

Serious question: What is it about the Swedes that makes them hate themselves this goddamn much?
I hate to say it but, the people don't hate themselves. These things are unpopular as always but asking people about things affecting them is populism and populism is bad. The country have an entrenched elite, intellectualls/cultural elite high on their farts and big capital who simply doesn't care about anything national anymore. Same as other countries, but Sweden seem to overact their weird things for some reason. I mean at least they didn't had a gay indian as their PM like Ireland, lol. (so much for fighting the British)
 
In the business world, a company may sometimes pay off another company's debt with the understanding that the company in debt will sell its assets to their white knights.

That's what Sweden's doing here. But instead of buying real estate, they're telling the Somalis "When you send your people out to rape white women, you remember which country to send them to."
 
Serious question: What is it about the Swedes that makes them hate themselves this goddamn much?
Your average Swede has never felt a significant threat or stresser in his entire life, and consequently has no concept of adverse situations as anything but the result of white people being mean.
 
Just replace man with country... god damn Sweden.
Phantom Cuck.png
 
The vote was unanimously in favour of the proposition apart from the ten MPs from the Right-wing Sweden Democrats’ delegation, who all voted against it,

That's not what the fuck unanimous means. "Everyone voted for it! Except all the people that didn't. Look ma, I'm doing a journalism!"
 

The dude in the video is a member of SD(Sweden Democrats) and gives arguments as to why they should not give away Swedish taxpayers money. He says that the money is better used to improve the Swedish healthcare and if the money is given to Somalia it will just be laundered away by a corrupt government. The government would be able to buy 220k breathing devices for the money.

The old hag is a member of S(Social Democrats) and said that it if they give money to Somalia they will get less corrupt and that they should give it to them because they are poor. She ends it with saying that she thinks the government should give away the money because they will look good. (I really could not follow along her retarded arguments that well)
 
I think Sweden is hoping that now that Somalia is debt free, the government will get to work improving infrastructure and everything within the country, so the people who live there won't want to leave and move to Europe. It's :optimistic::optimistic::optimistic: as fuck, but not an entirely brain-dead idea. Basically Sweden wants it's immigrant population to fuck off back to where they came from but don't have the balls to do anything drastic. It's much easier to just bribe and cajole people into leaving.
 
justifies the move by claiming that Somalia has been unable to take out new loans from the IMF “for a long time” because the African country hasn’t been making its debt or interest payments.

Somalia has trouble taking out loans because it's been a failed state since 1991, dumbass. They aren't paying interest because there's no legitimate government.

The only people helped out by this are the IMF, who just got 2 million euros on a dead loan book they should've written off decades ago. But they didn't want to take the write down loss, so they guilt tripped another bank to throw money at them.
 
Somalia has trouble taking out loans because it's been a failed state since 1991, dumbass. They aren't paying interest because there's no legitimate government.

The only people helped out by this are the IMF, who just got 2 million euros on a dead loan book they should've written off decades ago. But they didn't want to take the write down loss, so they guilt tripped another bank to throw money at them.

Oy vey! Shut this post down right now! You arent supposed to know about things like this! I am reporting you for hate speech.
 
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