Somali National News Agency
So
Ar
Search
  • Home
  • Local News
    Local NewsShow More
    SoDMA Commissioner Highlights Somalia’s Progress at Global Disaster Risk Reduction Forum in Geneva
    June 7, 2025
    Qatar Charity Distributes Eid al-Adha Meat to Thousands of Vulnerable Families in Mogadishu and Hargeisa
    June 7, 2025
    Commissioner of Jannaale: We will eliminate the Khawarij from all areas
    June 7, 2025
    Puntland Security Forces Launch Major Operation Against ISIS Militants on Eid al-Adha
    June 7, 2025
    Federal Government of Somalia’s Weekly Briefing
    June 6, 2025
  • World News
    World NewsShow More
    31 Palestinians are killed heading to a Gaza aid site, witnesses say. Israel denies responsibility
    June 7, 2025
    Hajj Season 1446 AH: Synergy Between Technology and Humanity in Serving the Guests of Allah
    June 6, 2025
    Machine Gun, AK-47 Rifles Recovered as 4 Al-Shabaab Terrorists are Killed in Garissa
    June 3, 2025
    Israel kills 2 Gaza aid seekers as UN warns of ‘catastrophic hunger’
    May 31, 2025
    A miraculous story of a Hujjaj from Libya
    May 27, 2025
  • Articles
    ArticlesShow More
    Hajj Season 1446 AH: Synergy Between Technology and Humanity in Serving the Guests of Allah
    June 6, 2025
    Wind power turbines line a mountain range in Ji’an, Jiangxi province, July 9, 2022.
    What China’s climate action means for the planet’s future?
    June 5, 2025
    A miraculous story of a Hujjaj from Libya
    May 27, 2025
    Nation First, Politics Later: PM Hamza Appeals to Youth Amid Growing Political Tensions
    May 24, 2025
    Chinese Foreign Minister Wang Yi is expected to be present at the signing ceremony in Hong Kong on May 30.
    China Leads Historic Effort to Establish International Mediation Body
    May 24, 2025
  • Business
    BusinessShow More
    Somalia Unveils the Blueprint for a Modern and Sustainable Mogadishu
    December 21, 2024
    Djibouti Launches $57.4 Million Youth Entrepreneurship Project to Combat Climate Change
    November 25, 2024
    FM meets Minister of Investment of Saudi Arabia
    October 28, 2024
    President Hassan Sheikh Inaugurates New LPG Storage Center in Mogadishu
    May 12, 2024
    Collaboration of ICT transformation for digital Infrastructure
    October 24, 2023
  • Sports
    SportsShow More
    Mogadishu Stadium to Host Star-Studded Match Featuring Somali Legends and International Football Icons
    May 27, 2025
    Arsenal held at Brighton while Man City bounce-back continues
    January 5, 2025
    Galmudug wins the Inter-State Football Tournament
    January 29, 2024
    Somalia set for two int’l friendlies ahead of WC qualifier clashes against Algeria and Uganda
    October 10, 2023
    Chicago woman, 104, skydives from plane, aiming for record as the world’s oldest skydiver
    October 3, 2023
  • Tenders
    TendersShow More
    Quay Renovation Works – Supply and Installation of Fenders and Bollards
    April 11, 2025
Reading: Somalia holds a fruitful meeting on Debt Relief with the IMF and World Bank in Kenya
Share
Font ResizerAa
Somali National News AgencySomali National News Agency
  • SOMALI
  • ARABIC
Search
  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
Follow US
©2023 || All rights reserved SONNA
Somali National News Agency > Blog > Local News > Somalia holds a fruitful meeting on Debt Relief with the IMF and World Bank in Kenya
Local News

Somalia holds a fruitful meeting on Debt Relief with the IMF and World Bank in Kenya

By Khadar Aweys
Last updated: March 11, 2023
2 Min Read
Share

Nairobi, (SONNA) – An important meeting was held in Nairobi, Kenya, between the Federal Government of Somalia and the International Monetary Fund (IMF), and the World Bank. The government’s delegation led by the Ministry of Finance will analyze the important issues for the requirements of the Debt Relief program in Somalia, and the development of the General Administration of Finance in the country.

The conference is also discussing how to focus on the completion of Somalia’s Debt by looking at the conditions and the important program to reach the point of completion.

The Minister of Finance of the Federal Government of Somalia, Dr. Elmi Mohamud Nur, who officially opened the meeting, said that it is important to implement the agreed conditions, stimulate domestic revenue and strengthen the process of the country’s General Financial Management (PFM).

“Today marks the start of the 5th review of the ECF program with the IMF. I will discuss the progress we have made in domestic revenue generation, the process of Public Finance and Good Governance. We are committed to further strengthening the financial regulation of our country” the Minister of Finance said.

The conference was also attended by the Ministries of National Planning and Justice, the Central Bank of Somalia, the Office of the President and the Prime Minister, officials and representatives from the IMF, the World Bank, the African Development Bank, and other organizations that support Somalia.

Share This Article
Facebook Whatsapp Whatsapp Email Copy Link Print

MORE NEWS

Official Reopening of the Ministry of Foreign Affairs Archives

CultureEducationLocal News
November 23, 2024

Kenya’s small farmers find respite in avocados amid changing climate

NAIROBI(SONNA) As crop diseases and pests rise in Kenya amid a rapidly changing climate that…

March 11, 2023

SoDMA Commissioner Highlights Somalia’s Progress at Global Disaster Risk Reduction Forum in Geneva

Geneva, Switzerland – The Somali Disaster Management Agency (SoDMA) made its presence felt at the…

June 7, 2025

Nimcaan Hilaac appointed to lead Waberi National Band

Mogadishu (SONNA)-Minister of Information, Culture and Tourism of the Federal Republic of Somalia, H.E. Mohamed…

March 3, 2020

YOU MAY ALSO LIKE

Prime Minister Hamza inaugurates an event in Mogadishu

Mogadishu, (SONNA) - The Prime Minister of the Federal Government of Somalia, H.E Hamza Abdi Barre has inaugurated an event…

Local News
June 1, 2024

Minister of Foreign Affairs receives the Ambassador of Qatar to Somalia

Mogadishu, (SONNA) - The Minister of Foreign Affairs and International Cooperation of the Federal Government of Somalia, H.E Ahmed Moallin…

Local News
May 12, 2024

President Hassan opens the annual meeting of the Judiciary

Mogadishu, (SONNA) - The President of the Federal Republic of Somalia, H.E Hassan Sheikh Mohamud, who opened the annual meeting…

Local News
January 11, 2023

Jubaland State releases list of seats for the House of the People elections

Mogadishu(SONNA)-Mogadishu(SONNA)-Election Implementation Team of Jubaland State released lists of 13 seats to be contested for the House of People elections…

Local News
January 17, 2022

Somali National News Agency established in 1964. It is one of the main pillars of the Ministry of Information, Culture, and Tourism.

  • Home
  • Local News
  • World News
  • Articles
  • Business
  • Sports
  • Tenders
  • SNTV
  • RADIO MOGADISHU
  • DALKA JOURNAL
  • TOURISM DEPARTMENT

Follow US: 

  • MoICT
  • VILLA SOMALIA
  • OPM SOMALIA

All rights reserved SONNA

©2023

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?