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IMF approves $10 million loan to Somalia, supporting economic reforms and GDP growth.
The IMF has approved a $10 million loan to Somalia to support economic reforms, bringing the total disbursement under the current program to $60 million.
Despite security and economic challenges, Somalia's GDP growth outlook has improved, with the IMF praising progress in fiscal reforms and revenue mobilization.
The IMF also welcomed plans to reintroduce the Somali shilling and adopt a currency board arrangement, recommending a gradual implementation strategy.
Somalia is working to strengthen economic institutions and promote stability and growth, with ongoing international support.
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El FMI aprueba un préstamo de 10 millones de dólares a Somalia, apoyando reformas económicas y crecimiento del PIB.