Washington, D.C., SONNA — The Minister of Finance of the Federal Government of Somalia, Mr. Bihi Iman Egeh, has arrived in Washington, D.C. to participate in the Spring Meetings of the World Bank and the International Monetary Fund (IMF), where he held a high-level meeting with the World Bank’s Vice President for Eastern and Southern Africa, Mr. Ndiame Diop.
The discussions focused on the economic impact of global challenges, including security concerns, shifting geopolitical dynamics, and the effects of climate change, all of which continue to directly influence Somalia’s economic outlook.
Both sides also reviewed Somalia’s ongoing reform agenda, particularly efforts to strengthen domestic revenue mobilization, enhance public financial management systems, and stimulate economic growth to achieve sustainable development.
Minister Bihi highlighted the Federal Government’s commitment to advancing fiscal reforms and building resilient economic institutions, while emphasizing the importance of continued support from international partners.
The engagement underscores Somalia’s proactive participation in global financial platforms and its determination to address economic challenges through strategic partnerships and policy reforms.
