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he World Bank and «Islamic Development»: bonds to address the refugee crisis
OCTOBER 13TH, 2015 943
Plans to international agencies collect billions of dollars to deal with the worsening in the Middle East and North Africa refugee crisis by issuing new bonds to help the displaced and to support reconstruction operations in the region torn by wars.
The United Nations and the World Bank and «the Islamic Development Bank» and announced the proposal after a meeting of policy makers world in Lima, Peru, to discuss ways to ease the humanitarian and economic crisis caused by the conflicts in countries including Syria, Iraq, Yemen and Libya.
He said World Bank President Jim Yong Kim said «more than 15 million people have fled their homes as a result of wars, which led to the flow torrent of refugees to countries such as Lebanon and Jordan. » You are prompted for the initiative two-track donor countries to provide guarantees for the bonds, some Islamic or instruments aimed at investors in the region, to raise money for projects ranging from support of refugees to rebuild, and to allow the displaced to return home.
He said World Bank Vice President for the Middle East and Europe Hafez Ghanem he would ask donors also «provide grants to cut interest rates for the countries that host the bulk of refugees from commercial rates to the level of up to zero».
He said after the meeting, which was held during the annual meetings of the World Bank and the IMF, that «the focus on the situation in Syria because of what is happening in Europe , but the situation in Yemen is also very dangerous ».
The United Nations expects the arrival of hundreds of thousands of immigrants to Europe this year with fleeing from war and poverty in the largest wave of displaced people since World War II. Quoted a recent German reports in this context, predicted authorities and the arrival of 1.5 million refugees to its territory as a result of crises and wars.
Ghanem said, in a news item published in «life», that «the expression of support came from the Group of Seven and other European countries for the initiative that may raise funds billions of dollars During a period of between five and ten years », adding that« instability in the Middle East and North Africa affect the whole world not only by the displaced but also through terror and volatility in oil prices, so the international community has a real interest in containing this and to assist those countries to restore stability and return to the path of development and growth. » And it will put the work of finalizing a set in the process of collecting the proposed money details by next February.
In addition, German and EU officials, officials denied a report to the media in which he stated that Berlin and Brussels are engaged in informal talks regarding the imposition of a kind of European solidarity tax to help cover the flow of costs a record for asylum migration. The spokesman said German government spokesman Stephen Seibert said in a statement that «the remaining truth is that we do not want tax increases in Germany or the European Union imposes new taxes».
Also rejected a spokesman for the European Commission this report, saying that «such a proposal not on the table now is not in Find », pointing out that the Commission« does not comment on rumors in the newspapers. » The newspaper «Sueddeutsche Zeitung» German issued by the Munich published earlier, that «the German government and the European Commission are considering a tax can be collected through a surcharge on oil tax or by increasing the value-added tax».
He said the newspaper report, which was attributed to source and sent from Lima in Peru, where the German Finance Minister Wolfgang Schaeuble attends a meeting of the International Monetary Fund, in the presence Fund director Christine Lagarde, said that «these additional solidarity tax money will be used to help members of the European Union countries such as Spain, Italy, Greece and Bulgaria, to secure its borders, In addition to helping improve living conditions in the homelands of asylum seekers to encourage its citizens to stay there.
»He asked journalists in Lima Schaeuble idea of European solidarity tax, he said it« a question of the European Commission, therefore, I believe that the management of this important her first priority ».
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OCTOBER 13TH, 2015 943
Plans to international agencies collect billions of dollars to deal with the worsening in the Middle East and North Africa refugee crisis by issuing new bonds to help the displaced and to support reconstruction operations in the region torn by wars.
The United Nations and the World Bank and «the Islamic Development Bank» and announced the proposal after a meeting of policy makers world in Lima, Peru, to discuss ways to ease the humanitarian and economic crisis caused by the conflicts in countries including Syria, Iraq, Yemen and Libya.
He said World Bank President Jim Yong Kim said «more than 15 million people have fled their homes as a result of wars, which led to the flow torrent of refugees to countries such as Lebanon and Jordan. » You are prompted for the initiative two-track donor countries to provide guarantees for the bonds, some Islamic or instruments aimed at investors in the region, to raise money for projects ranging from support of refugees to rebuild, and to allow the displaced to return home.
He said World Bank Vice President for the Middle East and Europe Hafez Ghanem he would ask donors also «provide grants to cut interest rates for the countries that host the bulk of refugees from commercial rates to the level of up to zero».
He said after the meeting, which was held during the annual meetings of the World Bank and the IMF, that «the focus on the situation in Syria because of what is happening in Europe , but the situation in Yemen is also very dangerous ».
The United Nations expects the arrival of hundreds of thousands of immigrants to Europe this year with fleeing from war and poverty in the largest wave of displaced people since World War II. Quoted a recent German reports in this context, predicted authorities and the arrival of 1.5 million refugees to its territory as a result of crises and wars.
Ghanem said, in a news item published in «life», that «the expression of support came from the Group of Seven and other European countries for the initiative that may raise funds billions of dollars During a period of between five and ten years », adding that« instability in the Middle East and North Africa affect the whole world not only by the displaced but also through terror and volatility in oil prices, so the international community has a real interest in containing this and to assist those countries to restore stability and return to the path of development and growth. » And it will put the work of finalizing a set in the process of collecting the proposed money details by next February.
In addition, German and EU officials, officials denied a report to the media in which he stated that Berlin and Brussels are engaged in informal talks regarding the imposition of a kind of European solidarity tax to help cover the flow of costs a record for asylum migration. The spokesman said German government spokesman Stephen Seibert said in a statement that «the remaining truth is that we do not want tax increases in Germany or the European Union imposes new taxes».
Also rejected a spokesman for the European Commission this report, saying that «such a proposal not on the table now is not in Find », pointing out that the Commission« does not comment on rumors in the newspapers. » The newspaper «Sueddeutsche Zeitung» German issued by the Munich published earlier, that «the German government and the European Commission are considering a tax can be collected through a surcharge on oil tax or by increasing the value-added tax».
He said the newspaper report, which was attributed to source and sent from Lima in Peru, where the German Finance Minister Wolfgang Schaeuble attends a meeting of the International Monetary Fund, in the presence Fund director Christine Lagarde, said that «these additional solidarity tax money will be used to help members of the European Union countries such as Spain, Italy, Greece and Bulgaria, to secure its borders, In addition to helping improve living conditions in the homelands of asylum seekers to encourage its citizens to stay there.
»He asked journalists in Lima Schaeuble idea of European solidarity tax, he said it« a question of the European Commission, therefore, I believe that the management of this important her first priority ».
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