Inner City Press

Inner City Press -- Investigative Reporting From the United Nations to Wall Street to the Inner City

These reports are usually available through Google News and on Lexis-Nexis

  Search Search WWW (censored?)

In Other Media-eg AJE, FP, Georgia, NYT Azerbaijan, CSM Click here to contact us     .


Follow us on TWITTER

Home -

These reports are usually available through Google News and on Lexis-Nexis



ICP on YouTube

UN: Sri Lanka


FOIA Finds  

Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

Support this work by buying this book

Click on cover for secure site orders

also includes "Toxic Credit in the Global Inner City"




Bank Beat

Freedom of Information

How to Contact Us

At IMF, S. Sudan on Budget Support, Comoros on Restrictions, BRICS Bank

By Matthew Russell Lee

UNITED NATIONS, April 20 -- When four African finance ministers spoke to the press Saturday at the IMF Spring Meeting, it was South Sudan which stood out. Its minister Kosti Manibe Ngai, calling his country “just a baby,” stated that for the last year it has foregone 98% of government revenue, due to the oil stand-off with Sudan.

While under the Matrix of Implementation agreed to, but not yet even note much less congratulated by the UN Security Council, the oil's set to start flowing, Kosti said that donors will be coming through with $250 million in direct budget support in the coming year. (Click here for Inner City Press' reporting on the Matrix, and the Security Council's silence.)

Such support, with no strings attached, stands in contrast for example to the trend in Rwanda, where donors attach conditions leading to the country increasingly saying it is willing to go it alone, if it must.

At the IMF there was discussion of “diaspora bonds,” and Ali Soilihi of the Comoros decried IMF restrictions which refuse to classify “ex-im loans from India or China” as concessionary.

Cameroon's Alamine Ousmane Mey talked up his economy -- and the recent release of the French Moulin-Fournier family, on which (Boko Haram) note he passed the floor to Ngozi Okonjo-Iweala of Nigeria.

She went big-picture, on how the downturn in the Eurozone has hurt African exports, and on the need to coordinate Continent-wide on credible statistics and transparency.

Among the questions, a reporter from the Democratic Republic of Congo asked about minerals just being exported from Africa for processing elsewhere. It brought to mind the looming conflict in Katanga, another DRC region where the Kabila administration's power is notably weak.

  A Chinese reporter not surprisingly asked about the BRICS bank. Is that and not the IMF the future for some countries in Africa?

  Earlier in the week at the UN, an answer to Inner City Press is that the IMF is all about Europe now, deeper and deeper into Ireland, Greece and Cyprus. So whither Africa? Watch this site.

Share |

* * *

These reports are usually also available through Google News and on Lexis-Nexis.

Click here for Sept 26, 2011 New Yorker on Inner City Press at UN

Click for re Libya, Sri Lanka, UN Corruption

Feedback: Editorial [at]

UN Office: S-253, UN, NY 10017 USA Tel: 212-963-1439

Reporter's mobile (and weekends): 718-716-3540

  Search  Search WWW (censored?)

Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.

            Copyright 2006-2013 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at]