This web page provides 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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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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Regional Economic Outlook : Middle East & Central Asia

October 28, 2019

The impact on growth in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region from global headwinds remains muted thus far, while growth in the Caucasus and Central Asia (CCA) region is stable. However, growth is too low to meet the needs of growing populations, while risks to the outlook have increased. They include global trade uncertainties, volatile oil prices, geopolitical tensions, and domestic vulnerabilities in some countries.
Read the Report