somalia economy Stories
The award recognises his leadership in advancing Somalia’s financial reforms and managing the country’s debt relief process.
The Somali state collapsed as a cohesive national entity in 1991. The military government that had been in power since 1969 was overthrown by armed op...
Somalia's domestic revenue, which comes second as the country's source of resources, has over the years remained low, with the World Bank now urging r...
Finance Minister Bihi Iman, in a letter to the company, said that the termination came as a result of documented violations and ethical misconduct.
Prime Minister Hamza said the National Transformation Plan seeks to strengthen and capacitate various government agencies and Ministries to better ser...
The meeting, held in Cairo, marked a pivotal step in strengthening cooperation between the two nations across a range of areas, including trade, cultu...
The Saudi Finance Minister highlighted the Kingdom's efforts to boost non-oil revenues and diversify its economy as part of Saudi Vision 2030 through...
Mogadishu has been undergoing an economic renaissance few would have imagined five years ago.
Somalia's gross domestic product growth pace has been set at 3.7 per cent, compared to 3.1 per cent last year, while Ethiopia's was 7.0 per cent, 0.2...
The G7 commended Somalia on its progress in the institutional, macroeconomic and security sectors.
The Horn of Africa nation is only just beginning to emerge from the worst drought in four decades that left millions of people hungry across East Afri...
