Information in on the activities of the Office, views of the IMF staff, and the relations between Somalia and the IMF.

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At a Glance: Somalia's Relations with the IMF

  • Republic of the Somalia joined the Fund in August 31, 1962
  • Financial Position in the Fund

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Videos

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    Office Activities

    • Financial Governance Report

      This report sets out the financial governance priorities the Financial Governance Committee (FGC) believes need to be addressed in the coming year to strengthen state-building efforts going forward.

      May 12, 2017

    • IMF-SOMALIA Trust Fund for Capacity Development

      In the past three years, Somalia has begun to recover from the civil war, which ravaged the country’s economy and decimated key state and economic institutions such as the Ministry of Finance, the Central Bank, and the National Statistics Office...

      December 6, 2016

    • IMF praised at the HLPF for its support to Somalia -- Communiqué

      Representatives from 46 countries and 11 international organisations gathered inIstanbul on 23 and 24 February 2016 to participate in the third Ministerial High‐Level Partnership Forum (HLPF)

      February 24, 2016

    • Somalia is Back! Op-ed

      Oped by Samba Thiam, IMF’s Resident Representative to Somalia

      July 1, 2015

    • Somalia: At the Crossroads of Peril and Opportunity

      Despite very challenging conditions, Somalia has managed to achieve considerable progress since it resumed relations with the Fund in April 2013. Sustained growth and development will require continuous international support and capacity building, but the success of Somalia will ultimately rest on the strength of its people – and this they have in abundance.

      February 2, 2015

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    IMF's Work on Somalia

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    Regional Economic Outlook : Middle East & Central Asia

    October 19, 2020

    Countries in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region and those in the Caucasus and Central Asia (CCA) responded to the COVID-19 pandemic with swift and stringent measures to mitigate its spread and impact but continue to face an uncertain and difficult environment. Oil exporters were particularly hard hit by a “double-whammy” of the economic impact of lockdowns and the resulting sharp decline in oil demand and prices. Containing the health crisis, cushioning income losses, and expanding social spending remain immediate priorities. However, governments must also begin to lay the groundwork for recovery and rebuilding stronger, including by addressing legacies from the crisis and strengthening inclusion.
    Read the Report