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15 Dec 23
A track record of sound economic management and measures to help reduce poverty in Somalia have prompted the International Monetary Fund and World Bank to approve $4.5bn of debt relief.
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16 Feb 23
Donations from European nations have ended a three-decade long battle to clear Somalia’s debt arrears with a United Nations development group, paving the way for new support.
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26 Mar 20
Somalia has been successfully granted debt relief by the International Monetary Fund and World Bank, as it looks to ease its $5.2bn debt.
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2 Mar 20
The IMF has secured enough money to wipe $334m of Somalia’s debt, bringing the beleaguered east African country one step closer to wholesale debt relief.
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27 Feb 20
Heads of various United Nations departments have released a joint statement asking for help money to fight locust swarms in East Africa, which they say are currently at an “unprecedented” level in...
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23 Oct 19
Somalia is progressing with economic reforms and hopes to have its debts wiped soon, the country’s finance minister has said.
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19 Oct 18
CIPFA’s work to improve public financial management, reporting and public audit around the world continues at pace. Bid and programme manager Sara Breen speaks to PF International about training...
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15 Oct 18
The European Commission will provide €100m to the Somali budget over the next two and a half years to support reforms in the country and strengthen government institutions.
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27 Sep 18
The Word Bank has approved $80m in loans to Somalia to assist with public finance reforms, marking the first funding for the government in more than 30 years.
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22 May 18
The Somali government and the United Nations have asked for $80m in immediate relief for flood-affected people in the country.
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22 Jan 18
The United Nations is seeking $1.6bn to protect millions of people in Somalia from drought, conflict and displacement.
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10 Aug 17
The UK government has accepted a set of recommendations to improve the effectiveness of its aid work in Somalia.
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4 Aug 17
The African Development Bank (AfDB) has granted $78m to Somalia and South Sudan for drought resilience and the alleviation of chronic hunger and malnutrition.
15 Dec 23A track record of sound economic management and measures to help reduce poverty in Somalia have prompted the International Monetary Fund and World Bank to approve $4.5bn of debt relief.
16 Feb 23Donations from European nations have ended a three-decade long battle to clear Somalia’s debt arrears with a United Nations development group, paving the way for new support.
27 Feb 20Heads of various United Nations departments have released a joint statement asking for help money to fight locust swarms in East Africa, which they say are currently at an “unprecedented” level in...
23 Oct 19Somalia is progressing with economic reforms and hopes to have its debts wiped soon, the country’s finance minister has said.
19 Oct 18CIPFA’s work to improve public financial management, reporting and public audit around the world continues at pace. Bid and programme manager Sara Breen speaks to PF International about training...
