IMF Staff Country Reports

Somalia: Third Review Under the Extended Credit Facility and Request for a Modification of Quantitative Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Somalia

July 16, 2025

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Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "Somalia: Third Review Under the Extended Credit Facility and Request for a Modification of Quantitative Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Somalia", IMF Staff Country Reports 2025, 191 (2025), accessed July 16, 2025, https://doi.org/10.5089/9798229014779.002

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Summary

Economic growth in 2024 was supported by robust agricultural and livestock output. The outlook, however, is shadowed by foreign aid cuts and high global uncertainty, which exacerbate challenges from domestic security, climate shocks, and regional tensions.

Subject: Asset and liability management, Budget planning and preparation, Debt Relief, Debt service, Expenditure, External debt, Foreign aid, Government debt management, Public debt, Public financial management (PFM), Revenue administration

Keywords: Budget planning and preparation, Debt relief, Debt service, Government debt management

Publication Details

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