Hungary to provide 200 million aid loan to Chad

Last edited Wed Sep 18, 2024, 12:38 PM - Edit history (1)

English
September 18. 2024. – 03:44 AM updated
Iván-Nagy Szilvia
Andrea Horváth Kávai (translation)

https://telex.hu/english/2024/09/18/hungary-to-provide-eur200-million-aid-loan-to-chad

Just over a week ago, the exact amount Hungary would provide to Chad in the form of an assigned assistance loan was still uncertain, but the government has now left no room for doubt.

The resolution published in the Hungarian Official Gazette on Tuesday night states that the government will offer an assigned assistance loan of €200 million for water management, agriculture, food and information technology projects to the African country, while adding that the phasing must be done in such a way that it does not jeopardise compliance with the framework on Hungary's stability. The loan is provided by Eximbank. (Of which country? - USA has one EXIM Bank too, but words are divided.)

The Chadian president visited Hungary in early September. Mahamat Idriss Déby Itno travelled to Budapest following the China-Africa summit in Beijing to finalise security cooperation agreements between Chad and Hungary. Following the visit, Foreign Minister Péter Szijjártó spoke about the cooperation between Chad and Hungary, including the assigned assistance loan programme and security agreements.

As part of the security agreements, around 100 Hungarian soldiers would be sent to Chad to train local security forces. Defence Minister Kristóf Szalay-Bobrovniczky announced on 13 October last year that the government would send 200 Hungarian soldiers to the civil war-torn country to help contain the migration crisis in the Sahel region. Parliament voted in favour of the military mission on 6 November last year, but the government – and the parliamentary vote – decided weeks before the announcement to allocate 817 million forints for the establishment of a humanitarian, training and development centre in Chad.

(snip) a paragraph more...bolded emphasis note mine.
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This is weird...Military intelligence hub? Migrants? Hmmmm...

Let's communicate and talk about what our families are doing over the best chocolate cake, okay, Orbi? "Nothing personal; just business?And a violation of the Logan Act?