Friday 27 May 2016

The IMF provides technical assistance for Somalia



WASHINGTON (Ina) - The IMF announced on Friday that it will provide technical assistance to Somalia for the first time in nearly 25 years, in order to help in the reconstruction of this country. The 
IMF said in a statement, that he would, until April 2017, help to the Somali authorities "to rebuild" institutions and improve governance and the quality of economic data. 
these form important technical new stage in the rapprochement between the IMF and Somalia after the 2015 general organization resumed its annual audits of Finance in this country for the first time in 26 years. 
but the fund will not give Somalia any financial loans because of their inability to pay thearrears of the international Foundation of $ 328 million. the 
fund said in a statement, " the continued support of lenders and donors remains vital for thefull normalization and resumption of IMF financial help him."

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