IMF Staff Country Reports

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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International Monetary Fund. Middle East and Central Asia Dept. "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 2025, 191 (2025), accessed 12/5/2025, https://doi.org/10.5089/9798229014779.002

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Summary

Economic growth in 2024 was supported by robust agricultural and livestock output.
The outlook, however, is shadowed by foreign aid cuts and high global uncertainty, which
exacerbate challenges from domestic security, climate shocks, and regional tensions.

Subject: 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

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