IMF staff conclude Article IV discussions with Somalia
Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF), led by Ms. Laura Jaramillo, has conducted discussions with the Somali [...] Full text...
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Somalia
UN Security Council transforms Assistance Mission in Somalia into Transitional Assistance Mission
New York, US (PANA) - The UN Security Council on Wednesday decided to transform the UN Assistance Mission in Somalia (UNSOM) into the UN Transitional [...] Full text...
Senior official underscores UN support for Somalia
Mogadishu, Somalia (PANA) - The UN political affairs chief concluded a two-day visit to Somalia on Friday where she reaffirmed the world body’s support for [...] Full text...
Quint on Somalia affirms support for country's sovereignty, territorial integrity
Washington, DC, US (PANA) - Representatives of the Quint on Somalia have affirmed their support for the Federal Republic of Somalia’s sovereignty, territorial integrity, and [...] Full text...
UN official reports on electoral progress, ongoing security challenges in Somalia
New York, US (PANA) - Authorities in Somalia remain focused on national priorities, and the battle against Al-Shabaab terrorists is their chief security concern, senior [...] Full text...
Somalia navigates progress amidst persistent challenges
Mogadishu, Somalia (PANA) - Somalia has made significant macroeconomic strides in recent years, but these gains have yet to translate into poverty reduction, with over [...] Full text...
UN condemns deadly suicide attack on Somalia beach
New York, US (PANA) - The United Nations has strongly condemned a suicide attack at a popular beachfront in the capital, Mogadishu, that claimed dozens [...] Full text...
Somalia taps World Bank support to promote economic resilience
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has approved Development Policy Financing (DPF) that introduces for the first-time drought index insurance [...] Full text...
Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth
Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling the private sector to support [...] Full text...
Somalia expects 3.1 percent GDP growth, rebounding from drought and commodity price shocks
Mogadishu, Somalia (PANA) - Somalia’s economy is expected to grow at 3.1 per cent in 2023 up from 2.4 per cent in 2022. This rebound [...] Full text...
IMF Board concludes first review of ECF for Somalia
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$10 million to Somalia to support its economic policies and [...] Full text...
Examples to accelerate gender equality in Africa abound: We could apply them to Somalia: World Bank Blog By Helena Hwang, Cansu Birce Gokalp, Verena Phipps and Tanya D'Lima
Mogadishu, Somalia (PANA) - In Somalia, the challenges to gender equality are complex and daunting. Only 28% of women over 15-years old are literate, and [...] Full text...
Somalia urged to take ‘concrete action’ against officials who violate citizens’ rights
Mogadishu, Somalia (PANA) - The UN independent human rights expert on Somalia on Thursday called on authorities to step up efforts to address the country’s [...] Full text...
Somalia floods kill four people; expected to impact 770,000
Mogadishu, Somalia (PANA) - Seasonal rains in Somalia, which come between April and June – referred to as the “Gu” rains – have intensified, resulting [...] Full text...
EU approves further support to Somali National Army, AU Transition Mission in Somalia
Brussels, Belgium (PANA) - The Political and Security Committee of the European Union has approved additional support for the Somali National Army (SNA) and for [...] Full text...
Somalia formally breaks diplomatic ties with Ethiopia
Nairobi, Kenya (PANA) - Somalia has formally broken diplomatic ties with Ethiopia after expelling the Ethiopian ambassador, Muktar Mohamed Ware, and ordering the closure of [...] Full text...
Deadly cholera infections spreading fast in Somalia, warn UN aid teams
Mogadidhu, Somalia (PANA) - Cholera has killed nine people in the last week across Somalia and more than 50 in recent months, UN aid teams [...] Full text...
US sanctions 16 entities, individuals helping al-Shabaab
Washington, DC, US (PANA) - The United States said on Monday that it is sanctioning 16 entities and individuals in a transnational network that spans the Horn of [...] Full text...
IMF staff complete deal on first review of Somalia’s ECF arrangement
Mogadishu, Somalia (PANA) - Somalia’s economic growth is expected to strengthen in 2024 supported by continued recovery in agriculture, remittances, and investment, though risks remain, [...] Full text...
UN crime prevention chief pledges enhanced cooperation in Somalia
Mogadishu, Somalia (PANA) - The Executive Director of the UN Office on Drugs and Crime (UNODC) Ghada Waly has highlighted the threats of transnational organized [...] Full text...
Somalia becomes eighth full member of the East African Community
Arusha, Tanzania (PANA) - Federal Republic of Somalia is now officially a full member of the East African Community (EAC) after depositing her Instrument of Ratification [...] Full text...
WB supports Somalia’s shift from fragility to resilience and growth
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has announced a new five-year Country Partnership Framework (CPF) for Somalia.
The CPF will assist [...] Full text...
UN committed to help Somalia deliver ‘for its people’
New York, US (PANA) - Somalia remains resilient and strongly committed to state-building but more is needed to sustain the gains made in the fight against [...] Full text...
Libya strongly condemns deadly attack in Mogadishu, Somalia
Tripoli, Libya (PANA) - The Libyan Ministry of Foreign Affairs of the Government of National Unity Monday condemned in the strongest terms the attack in [...] Full text...
Somalia’s quest for progress unveiled through data (A World Bank feature)
Mogadishu, Somalia (PANA) - When looking at Somalia, there are often glaring gaps in data that obscure understanding of the country, its people, and its [...] Full text...
UN, partners launch 2024 Humanitarian Response Plan for Somalia
Mogadishu, Somalia (PANA) - The UN and partners launched the 2024 Humanitarian Response Plan for Somalia on Tuesday, calling for $1.6 billion to assist 5.2 [...] Full text...
UN humanitarians scale up cholera response in Somalia
Mogadishu, Somalia (PANA) - The spread of cholera and acute watery diarrhoea is continuing in Somalia, with over 470 new cases registered in recent days, [...] Full text...
'Al-Shabaab launches attack on Somali army bases'
Mogadishu, Somalia(PANA) – Al-Qaeda-linked Al-Shabaab insurgents on Wednesday launched a dawn attack on several army bases in central Somalia, weeks after offensive against them stalled [...] Full text...
AU urges foreigners to keep off Ethiopia/Somalia row
Addis Ababa, Ethiopia (PANA) – The African Union (AU) has expressed deep concern over the ongoing tension between Ethiopia and Somalia, following the signing of [...] Full text...
UN chief condemns attack on Mogadishu’s Aden Adde International Airport
New York, US (PANA) - UN Secretary-General Antonio Guterres has strongly condemns the attack on Mogadishu’s Aden Adde International Airport area on Thursday, which resulted [...] Full text...
UN chief hopes for 'peaceful, constructive' dialogue over Ethiopia-Somaliland MoU
New York, US (PANA) - UN Secretary-General Antonio Guterres has expressed the hope that all parties in the growing dispute between Somalia and Ethiopia following [...] Full text...
AU calls for 'mutual respect' in brewing diplomatic row over Ethiopia-Somaliland MoU
Addis Ababa, Ethiopia (PANA) - The African Union (AU) has called for "calm and mutual respect" to de-escalate the simmering tension between Ethiopia and Somalia [...] Full text...
UPDATE: Somalia condemns 'absurd' Ethiopia, Somaliland MoU on Ehiopia's access to Red Sea
Mogadishu, Somalia (PANA) - Somalia's leaders on Tuesday condemned the Memorandum of Understanding (MoU) signed by Ethiopia and Somaliland under which landlocked Ethiopia will secure access to [...] Full text...
IMF approves US$100 million under new ECF arrangement for Somalia
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF} Board on Tuesday approved a new 36-month Extended Credit Facility (ECF) arrangement of US$100 million for [...] Full text...
IMF, World Bank announce US$4.5 billion in debt relief for Somalia
Washington DC, USA (PANA) - The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have approved the [...] Full text...
Flooding in Somalia uproots more than one million people
Mogadishu, Somalia (PANA) - Flooding in Somalia has uprooted more than one million people and killed 110, UN humanitarians in the country said in their [...] Full text...
Needs rise as flooding spreads in Somalia
Mogadishu, Somalia (PANA) - Deadly torrential rains and floods have affected more than two million people in several areas of Somalia, with over 100 killed [...] Full text...
Somalia’s economy resilient amid climatic and global shocks: WB report
Mogadishu, Somalia (PANA) - Recurrent shocks, including a prolonged 2020/23 drought, disrupted Somalia's growth, devastating crops, livestock, and exports.
Many fled their homes in search of [...] Full text...
Somali-born champion of refugee education wins top UNHCR award
Geneva, Switzerland (PANA) - A former child refugee born in Somalia, who dedicated himself to changing lives through education, has been named as this year’s winner [...] Full text...
EU supports Somali National Army with equipment of lethal force
Brussels, Belgium (PANA) – The European Council (EC) on Monday adopted an assistance measure worth €1 million, under the European Peace Facility, to support the [...] Full text...
Senior US oficial discusses counterterrorism objectives with Kenyan, Somali leaders
Nairobi, Kenya (PANA) - A senior US official has discussed counterterrorism objectives with Kenyan and Somali officials in visits to the East African countries this [...] Full text...
UN Security Council extends authorisation of African Union Transition Mission in Somalia
New York, US (PANA) - The UN Security Council on Wednesday extended its authorisation of the African Union Transition Mission in Somalia (ATMIS) until 30 June 2024 [...] Full text...
IMF, Somalia agree 36-month Extended Credit Facility arrangement
Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team and the Somali authorities have reached a staff-level agreement on economic policies and reforms to [...] Full text...
Insecurity worsens in Somalia, as civilians pay the price
New York, US (PANA) - Insecurity persists in Somalia, with extremist group Al-Shabaab and fighting in the Laascaanood region taking a heavy toll on civilians, [...] Full text...
Fragile states need customised support to strengthen institutions: IMF Blog
Washington DC, United States (PANA) - In the most vulnerable countries, strengthening state capacity must adapt to more frequent economic shocks, greater political instability, and [...] Full text...
IMF completes staff-level deal with Somalia on review under Extended Credit Facility
Mogadishu, Somalia (PANA) - An International Monetary Fund (IMF) team has reached a staff-level agreement on the sixth review under the Extended Credit Facility (ECF) [...] Full text...
Somalia’s institutions get boost to bring the country closer to debt relief
Mogadishu, Somalia (PANA) - In a context of multiple and overlapping shocks related to frequent climatic hazards, as well as widespread fragility, the Somali government [...] Full text...
UN earmarks US$43 million for Somalia drought response
Mogadishu, Somalia (PANA) – The Somalia Humanitarian Fund (SHF) has allocated US$25 million to provide life-saving assistance to communities affected by drought, the UN office [...] Full text...
EU Council confirms strengthened partnership with Somalia
Brussels, Belgium (PANA) - The European Council on Monday approved conclusions reaffirming the EU’s commitment to its long-standing partnership with Somalia and the willingness to [...] Full text...
Somalia in danger of losing hard-won gains, Security Council hears
New York, US (PANA) - Despite gains made in tackling terrorism and advancing the electoral process in Somalia, top UN officials warned the Security Council [...] Full text...