A World Summit on Zoom between officials from the World Bank and the IMF and Somali Minister of Finance Abdirahman Duale Beyle has opened.
A conference will be held to review the progress of the ECF on Somalia’s debt forgiveness process.
The conference will also focus on the impact of Covid-19 on the Somali economy and how to address it.
Somali Minister of Finance Abdirahman Duale Beyle said they are jointly reviewing the completion of the final terms of the debt forgiveness process.
“This is a great opportunity that will allow us to discuss development opportunities in Somalia with the world,” said Minister Abdirahman Beyle.
For the past four years, Somalia has been struggling to forgive the debts of some international countries, with some governments forgiving and others forgiving soon.