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, July 16, 2025
Source details
- Canonical URL
- 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
Other formats
Bibliographic details
- Published: July 16, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229014779.002
Key findings and summary
- Economic growth in 2024 was supported by robust agricultural and livestock output.
- The outlook is shadowed by foreign aid cuts and high global uncertainty, which exacerbate challenges from domestic security, climate shocks, and regional tensions.
Risks and outlook
- Principal downside factors identified:
- Foreign aid cuts.
- High global uncertainty.
- Domestic security challenges.
- Climate shocks.
- Regional tensions.
Subjects and keywords
- Subjects: Asset and liability management, Debt Relief, External debt, Foreign aid, Public debt
- Keywords: Debt relief, ECF arrangement, Global, IMF's transparency policy, Policy discussion, policy priority, Somali authorities
Source: 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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