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Somalia and the IMF
Updated June 8, 2016

The last Article IV Executive Board Consultation was on July 27, 2015. Listed below are items related to Somalia, in reverse chronological order (you can also view items by category).

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May 27, 2016 -- Press Release: IMF Managing Director Approves Staff-Monitored Program for Somalia
May 27, 2016 -- Somalia : Staff -Monitored Program-Press Release; and Staff Report
Series: Country Report No. 16/136
May 17, 2016 -- Somalia -- Letter of Intent, Memorandum on Economic Financial Policies, and Technical Memorandum of Understanding; May 17, 2016, May 17, 2016
PDF File Size: 484Kb
April 16, 2016 -- Transcript of African Finance Ministers Press Briefing
April 16, 2016 -- IMF Survey : Drought, Insecurity Add to Commodity Woes—African Ministers
The dramatic decline in commodity prices combined with severe drought conditions and rising insecurity has hit many countries hard, African finance ministers said during the IMF-World Bank Spring Meetings in Washington.
April 15, 2016 -- IMFC Statement by Pravin Jamnadas Gordhan, Minister of Finance, South Africa
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Somalia, Republic of South Sudan, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 208Kb
April 06, 2016 -- Press Release: IMF Staff Reaches Staff-Level Agreement on a Staff-Monitored Program with Somalia, Marking Milestone in Normalizing Relations with IFIs
September 10, 2015 -- Podcast : Sub-Saharan Africa Getting a Grip on Inflation
Inflation can determine a currency’s purchasing power as high inflation means rising prices. But what drives inflation differs from region to region. In this podcast we talk with Oral Williams, IMF Mission Chief for Malawi and coauthor of a new research paper that shows the drivers of inflation are changing in sub-Saharan Africa.
September 02, 2015 -- Fair Taxation in the Middle East and North Africa
Author/Editor: Mario Mansour | Pritha Mitra | Carlo A. Sdralevich | Andrew Jewell
Series: Staff Discussion Notes No. 15/16
Notes: Arabic; French
July 29, 2015 -- Press Release: IMF Executive Board Concludes 2015 Article IV Consultation with Somalia
July 29, 2015 -- Somalia: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Somalia
Series: Country Report No. 15/208
Notes: See Also Somalia Achieves Key Economic Data Milestone and Video: Four Things You Need to Know about Somalia's Economy
July 29, 2015 -- IMF Survey : Somalia Reaches Milestone with First IMF Review in Decades
Somalia should focus on strengthening the key building blocks for stability and growth as it recovers from more than two decades of civil war, the IMF says in its first review of the nation’s economy in a generation.
June 18, 2015 -- Press Release: IMF Staff Completes 2015 Article IV Mission to Somalia
May 06, 2015 -- Are African Households Heterogeneous Agents? : Stylized Facts on Patterns of Consumption, Employment, Income and Earnings for Macroeconomic Modelers
Author/Editor: Louise Fox
Series: Working Paper No. 15/102
April 18, 2015 -- IMFC Statement by Ngozi Okonjo-Iweala, Coordinating Minister for the Economy and Minister of Finance, Nigeria
On behalf of: Angola, Burundi, Botswana, The State of Eritrea, The Federal Democratic Republic of Ethiopia, The Gambia, Kenya, Liberia, Lesotho, Republic of Mozambique, Malawi, Namibia, Nigeria, Sudan, Sierra Leone, Somalia, Republic of South Sudan, Kingdom of Swaziland, Tanzania, Uganda, South Africa, Zambia, Zimbabwe. PDF File Size: 130Kb
March 09, 2015 -- Press Release: IMF Launches Somalia Trust Fund for Capacity Development
February 01, 2015 -- List of IMF Member Countries with Delays in Completion of Article IV Consultations Over 18 Months or Mandatory Financial Stability Assessment Over 18 Months
Subject: Somalia | Venezuela | Argentina | Eritrea | Syrian Arab Republic | Central African Republic | Article XIV consultations | Exchange restrictions | Executive Board discussion postponement | Notification of delay
July 31, 2014 -- List of IMF Member Countries With Delays in Completion of Article IV Consultations or Mandatory Financial Stability Assessments Over 18 Months
Subject: Article IV consultations | Financial system stability assessment | Executive Board discussion postponement | Notification of delay
February 01, 2014 -- List of IMF Member Countries with Delays in Completion of Article IV Consultations or Mandatory Financial Stability Assessments Over 18 Months
Subject: Article IV consultations | Financial system stability assessment | Executive Board discussion postponement | Notification of delay
August 01, 2013 -- Press Release: Delayed Article IV Consultation with Somalia

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