Mareeg Media

Somalia met all requirements of its debt relief according to IMF

It is being reported that Somalia has fully met all the 27 requirements of global funds of the International Monetary Fund (IMF) that was conditioned in order to relieve from its withstanding debt.

The Minister of Finance of the FGS, Dr. Abdirahman Du’ale Bayle who speak to BBC Somali branch have discussed about meetings which they had with the IMF at Nairobi, he said, the meeting was ongoing for seven consecutive days.

This meeting which is quarterly is meant to assess the developments made by the FGS within that period of time.

IMF has told us, said the Minister, that a lot has been achieved in Somalia while the international community welcomed these, there is need to build on to these developments, added Dr. Bayle.

When will the new Somali currency be printed?

Get real time updates directly on you device, subscribe now.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Do NOT follow this link or you will be banned from the site!