Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
Somalia is on course to receive a full debt relief from the International Monetary Fund (IMF) and other lenders in December this year, after making important reforms to boost domestic revenue collection and transparency in management of public finances.
After the latest review of Somalia’s performance under the Extended Credit Facility arrangement, the lender said the Horn of Africa country has made significant progress in implementing recommended reforms meant to rebound the economy, despite facing multiple headwinds.
