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Somali President Extends Gratitude to IMF and World Bank for Debt Relief

News Desk by News Desk
December 14, 2023
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Somali President Extends Gratitude to IMF and World Bank for Debt Relief
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(14-12-23) WASHINGTON (HN) — President Hassan Sheikh Mohamud, following his discussions with officials from the International Monetary Fund (IMF) and the World Bank in Washington, United States of America, conveyed appreciation for their instrumental role in Somalia’s recent historic success in the debt relief program.

The President engaged in talks with these international financial bodies, expressing thanks for their pivotal contributions that led to the country’s significant achievement in the debt relief initiative. The meetings served as a platform to discuss ways in which these institutions could further support Somalia in reaching its economic aspirations.

Discussions primarily revolved around strategies to fortify financial institutions, increase national income, and attract international investments. President Mohamud emphasized the importance of ongoing collaboration with the IMF and World Bank to propel Somalia towards economic prosperity.

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