## 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](https://www.imf.org/en/publications/cr/issues/2025/07/16/somalia-third-review-under-the-extended-credit-facility-and-request-for-a-modification-of-568635)

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## Bibliographic details
- Published: July 16, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229014779.002

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### 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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_Source: https://www.imf.org/en/publications/cr/issues/2025/07/16/somalia-third-review-under-the-extended-credit-facility-and-request-for-a-modification-of-568635_