MOGADISHU, Somalia– The World Bank will be sponsoring new projects to rebuild rough and broken roads in the Somali capital, Mogadishu.
This comes after Mayor of Mogadishu Omar Mohamud Mohamed received a World Bank delegation, discussing ways to restore the magnificence of the capital, Mogadishu.
The talks focused on new projects sponsored by the World Bank to rebuild the roads of Mogadishu, said, mayor Mohamed.
He says the World Bank affirmed its support to the local government of Somalia.
The Bank has also reaffirmed its continued support to any development project in the Somali capital, Mogadishu.
The World Bank has a key role for working with and through government and building the capacity of the authorities to spearhead reform and development in Somalia.
Somalia’s economy is likely to grow by 2.9% this year, from 2.8% last year, before growth quickens to 3.2-3.5% in the medium term, said last week, in a statement released by the World Bank.