Thursday, November 17, 2011

Swaziland's super-rich king has no money for Aids orphans...

Swaziland has failed to pay more than $10m (£6.3m) in grants to Aids orphans, the IMF says, despite the vast wealth enjoyed by its absolute monarch.

The tiny southern African kingdom needs to take urgent action as it struggles to maintain spending on HIV/Aids, education and the elderly, the IMF warned after a two-week fact-finding mission.

"The fiscal crisis has reached a critical stage," the global body said. "Government revenue collections are insufficient to cover essential government expenditures."

The IMF's Joannes Mongardini told the BBC that the Swazi government had "owed" $10m in grants to orphans and $4m to elderly people since September. More than 25% of Swaziland's adult population were infected with HIV/Aids, and tens of thousands of children orphans, he added. Full story...

Don't miss:
  1. How Swaziland's King Mswati is out of step...
  2. Swazis speak out against Africa's last absolute monarchy...
  3. People of Swaziland fed up with King Msawati and his 13 wives...
  4. Protestors in Swaziland burning picture of the king... 
  5. I am a prisoner, says Swaziland's Queen No 12... 
  6. King of Swaziland's wife no. 12 caught in bed with justice minister!!!
  7. Swaziland, where the poor starve and the king is, well, king...
  8. King of Swaziland evicts residents to grab their land, but evicted fight back...

No comments:

Post a Comment