Somalia’s Minister of Finance, Bihi Egeh, has highlighted Somalia’s progress in its economic reform journey, noting pride in the strong trajectory of the program.
Somalia has reached a staff-level agreement with the International Monetary Fund (IMF) for the second review under the Extended Credit Facility (ECF).
The minister emphasized that program performance has been robust, reflecting the country’s unwavering commitment to maintaining macroeconomic stability, as well as bolstering institutional capacity and policy frameworks.
This accomplishment underscores Somalia’s dedication to financial resilience and sets a promising course for sustainable economic growth.