Somalia: Second and Final Review Under the Staff Monitored Program and Request for a New Staff Monitored Program-Press Release and Staff Report
IMF Staff Country Reports, July 6, 2018
Source details
- Canonical URL
- Somalia: Second and Final Review Under the Staff Monitored Program and Request for a New Staff Monitored Program-Press Release and Staff Report
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Bibliographic details
- Published: July 6, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484366905.002
Recent developments and economic outlook
- Recent developments are broadly favorable and policies are aligned with staff recommendations and program priorities.
- Reflecting the favorable rainy season, economic activities are recovering from the 2016–17 drought and inflation is easing.
Program status and authorities' request
- The second Staff-Monitored Program (SMP II) expired in April 2018.
- The authorities remain strongly committed to policy implementation under SMP II and have requested a follow-up 12-month SMP.
Main subjects and keywords
- Subject: Arrears, External debt, Public debt, Public financial management (PFM), Revenue administration
- Keywords: Arrears, authorities economic reform agenda, authority, CR, excl. IMF, fund staff estimate, IMF quota, ISCR, SMP, SMP III, Somali authorities
Content in this bundle
- Country Report