18 November 2018

Somalia Records Rise in GDP, PM Khaire Says As Private Public Sector Meet Opens

Photo: AU/ONU IST/Stuart Price
(file photo).

Stakeholders from the private and public sector on Sunday converged in the Somali capital Mogadishu for the first economy wide public private dialogue (PPD) meeting

The two day meeting organised by the Ministry of commerce and the Somali Chamber of Commerce was opened Somali Prime Minister Hassan Khaire.

Adrressing the stokeholders Khaire said Somalia's gross domestic product expanded from 2.5 percent in 2017 largely because of the efforts of the government and private companies.

"I thank Somali business community who took part in the efforts to resolve the challenges which the country is facing" Khaire said.

The Economy-Wide Public Private Dialogue (PPD) is taking place in Mogadishu today and tomorrow.

The PPD will convene government and business leaders to modernise the Somali economy. Online company registration, energy reform, women in business, financial sector competitiveness, and foreign investments are among the topics to be discussed.

Somalia's growing economy is largely a result of its enterprising population and its private sector that has managed to wane the challenges of a post civil war country.

The PPD meeting is aimed at assessing the challenges by the public and private sector and bringing the two closer in cooperation.

Somalia

Death Toll in Car Bomb Rises to 21, Among Victims Are Pilgrims Heading to Maka

The death toll in the Monday Bombing in the vicinity of Mogadishu airport has increased to 21. Medical sources said four… Read more »

See What Everyone is Watching

More From: Dalsan Radio

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.