Somalia taps $31m Ifad funding for rural food programmes
The funding will the first direct investment by Ifad in Somalia since Mogadishu’s external debt pile was cleared in an arrangement with creditors in December.
Source: theeastafrican.co.ke
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Somalia inks 31 mln USD deal to boost food security
MOGADISHU, April 2 (Xinhua) -- Somalia and the International Fund for Agricultural Development (IFAD) on Tuesday signed a 31.22-million-U.S.-dollar agreement to strengthen food security and build residences in rural areas.
Source: thestar.com.my
Somalia Granted $4.5 Billion in Debt Forgiveness - New Delhi Times - India's Only International Newspaper - Empowering Global Vision, Empathizing with India
The International Monetary Fund and the World Bank approved $4.5 billion in debt forgiveness for Somalia Wednesday after the Horn of Africa nation completed years of financial reforms under the Heavily Indebted Poor Countries Initiative, or HIPC. The initiative was launched in 1996 by the IMF and the World Bank to help the world’s poorest…
Source: newdelhitimes.com
War-ravaged Somalia takes a big step towards normality
Debt forgiveness will give the economy a boost | Middle East & Africa
Source: economist.com
Somalia Granted $4.5 Billion in Debt Forgiveness - New Delhi Times - India's Only International Newspaper - Empowering Global Vision, Empathizing with India
The International Monetary Fund and the World Bank approved $4.5 billion in debt forgiveness for Somalia Wednesday after the Horn of Africa nation completed years of financial reforms under the Heavily Indebted Poor Countries Initiative, or HIPC. The initiative was launched in 1996 by the IMF and the World Bank to help the world’s poorest…
Source: newdelhitimes.com