IMF, World Bank clear Somalia for debt relief, normal ties to world

Reuters | Mar 25, 2020 at 7:00 PM

The IMF and the World Bank on Wednesday said Somalia had taken the necessary steps to begin receiving debt relief, a key move that will allow the Horn of Africa country to lower its $5.2 billion in external debt to around $557 million.

More sources
  • IMF, World Bank say Somalia ready to receive debt relief (Reuters: Mar 25, 2020 at 5:38 PM)