Dear Ana:
I wasn't trying to be obstinate. I was really was confused. It seems to happen to me more and more lately. Could I be getting old-er?
You, and Melanie, have now explained the situation to me very well. I guess I haven't been keeping up with the news, and I did miss results of the G8.
Seriously, thank you.
With best regards,
Ted O'Brien Bay Islands Beach Resort "Dive the Famous Spooky Channel" www.bibr.com escape.....com 1-800-4-ROATAN
--- Ana Svoboda wrote:
> Hi Ted, > > Ok.- Maybe there was a typo on the letter from them. > I think he meant > "condone" which in the Webster's Dictionary means > "to forgive", "to pardon > or overlook voluntary". > > Anyways so you and the rest of the group can > understand what is going on > here is a brief explanation: > > When the G8 summit took place(back in July > 7-England), it was on their > agenda to "pardon" the external debt of some of the > poorest countries, among > them Honduras. G8 forgave a debt of $2,500 Millions > of the Honduras' > external debt. This "funds" must be used towards > "improving" the level of > poverty in the country, improving the agriculture > farming for the poorest > farmers of the country and so on. In order to make > this a reality, a > Commission was set up to oversee that the > destination of such funds is the > intended one and not the pocket of someone else. > > Therefore, this commission is setting up meetings > around the country to hear > what the people have to say and/or suggest where the > funds should be > invested in their own communities, in this case > Roatan. > > I do hope this clarifies your questions. > > Best Regards, > > Ana Svoboda > Executive Director > CANATURH-BAY ISLANDS > Honduras National Chamber of Tourism-The Bay Islands > Chapter > Roatan, Honduras, C.A. > Tel. (504) 445-1688 > Fax (504) 445-1969 > Cell (504) 995-1943 > gsindustries.....hn > http://www.canaturh-bayislands.org > > > > ----- Original Message ----- > From: "Ted OBrien" > To: > Sent: Saturday, August 13, 2005 10:28 AM > Subject: Re: [roatan] GOVERNOR INVITE.doc > > > > Dear Ana: > > > > Thank you for the "elegant Letter" invitation from > the > > Governor. > > > > Would you please clarify for me what is mean't by > the > > phrase "Condoned External Debt Funds"? > > > > I know what "funds" are, I know what "debt" is, > I'm > > guessing that in this situation, "external" means > the > > borrowed funds are coming from outside the > country, > > but I am confused by the usage of the word > "condoned". > > None of the meanings from the dictionary seemed to > > apply. > > > > What are we talking about? an IDB loan? World > Bank? > > > > Thanks, > > > > Ted O'Brien > > Bay Islands Beach Resort > > "Dive the Famous Spooky Channel" > > www.bibr.com > > escape.....com > > 1-800-4-ROATAN > > > > > >
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