Amidst Controversy Over Toll Gate Fees

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China Dashes $9 Million Aid Package to Sierra Leone

By: Christian Conteh

President Xi Jinping of China has declared a comprehensive $9 million financial and technical aid package for Sierra Leone. The announcement, made during talks with Sierra Leone’s President Julius Maada Bio, who is on a mission to secure substantial economic aid and investments, aims to bolster the West African nation’s struggling economy.

Boosting Economic Ties Amidst Controversy

The announcement follows closely on the heels of a controversy involving a Chinese investment group seeking a drastic increase in toll gate fees, sparking widespread criticism among Sierra Leoneans. President Bio, during his visit to Beijing, is seeking a more substantial economic aid and investment package, potentially worth hundreds of millions of dollars, to provide much-needed stimulus to Sierra Leone’s economy.

China’s Financial Package Unveiled

China’s financial package unveiled yesterday comprises $6.9 million in economic and technical assistance, $2.7 million in debt cancellation, and an additional 1500 tonnes of food assistance. However, there is uncertainty regarding the actual cash component of the $6.9 million, raising questions about its immediate impact on alleviating Sierra Leoneans’ economic struggles.

Long-standing Partnership and Mutual Commitments

In a statement from State House, President Xi Jinping acknowledged President Bio as the first African Head of State to be received in 2024, emphasizing the efficient cooperation between Sierra Leone and China. President Xi Jinping highlighted China’s ongoing support for Sierra Leone’s big five priorities and praised President Bio’s leadership of the African Union’s C-10. He extended an invitation to President Bio to attend the upcoming Forum on China-Africa Cooperation Summit, citing the longstanding and exemplary nature of the Africa-China relationship.

Expressions of Gratitude and Assurance

President Bio expressed gratitude for China’s economic and technical assistance, debt cancellation, and food aid. He noted the enduring bond between the two nations dating back to 1971 and thanked President Xi Jinping for China’s support during the UN Security Council elections. President Bio assured China of Sierra Leone’s commitment to resolutions promoting global peace and security.

Deepening Bilateral Ties

In his remarks, President Bio stated, “China has been a reliable partner of Sierra Leone. It is my conviction that this visit will deepen the bilateral relationship between Sierra Leone and China.” As Sierra Leone navigates economic challenges, the aid package from China holds the potential to reshape the economic landscape and strengthen diplomatic ties between the two nations.

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