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95% of Somalia's job creation relies on private sector; World Bank highlights need for vibrant, inclusive private sector growth.
Somalia's private sector creates 95% of jobs, so supporting it is key to reconstruction, transitioning from fragility, and providing inclusive economic benefits.
However, Somalia's productive sectors remain limited, with private businesses mainly focusing on commerce and non-tradable services.
The World Bank's Somalia Country Private Sector Diagnostic emphasizes fostering a vibrant, inclusive private sector for the nation's resilient growth.
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El 95% de la creación de empleo en Somalia depende del sector privado; El Banco Mundial destaca la necesidad de un crecimiento vibrante e inclusivo del sector privado.