{
  "title": "Somalia: Second and Final Review Under the Staff Monitored Program and Request for a New Staff Monitored Program-Press Release and Staff Report",
  "publication": "IMF Staff Country Reports, July 6, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/07/06/somalia-second-and-final-review-under-the-staff-monitored-program-and-request-for-a-new-46060",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2018/07/06/somalia-second-and-final-review-under-the-staff-monitored-program-and-request-for-a-new-46060",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Recent developments and economic outlook",
      "content": "- Recent developments are broadly favorable and policies are aligned with staff recommendations and program priorities.\n- Reflecting the favorable rainy season, economic activities are recovering from the 2016–17 drought and inflation is easing."
    },
    {
      "heading": "Program status and authorities' request",
      "content": "- The second Staff-Monitored Program (SMP II) expired in April 2018.\n- The authorities remain strongly committed to policy implementation under SMP II and have requested a follow-up 12-month SMP."
    },
    {
      "heading": "Main subjects and keywords",
      "content": "- Subject: Arrears, External debt, Public debt, Public financial management (PFM), Revenue administration\n- Keywords: Arrears, authorities economic reform agenda, authority, CR, excl. IMF, fund staff estimate, IMF quota, ISCR, SMP, SMP III, Somali authorities\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 6, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484366905.002",
    "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.",
    "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.",
    "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",
    "**Country Report**"
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