Somalia is set to receive the full debt relief of $4.5 billion.
The nation has been on the waiting list for confirmation of its debt relief status for several months now.
It’s a foregone conclusion that the nation has convinced international creditors to remove it from the list of debtors.
Now, it’s only a matter of time before Somalia receives this status.
Reports from multiple sources indicate that Somalia would be accorded full debt relief status. This is likely to happen before the end of the year.