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Somalia: Somalia 'Now in Good Standing' With World Bank
VOA, 28 February 2020
The World Bank on Thursday said it is normalizing relations with the Federal Government of Somalia after 30 years. Read more »
The World Bank has said that the normalising of relations means that Somalia is in now in good standing with the lender. It said the government's "strong record of fiscal, political, social and economic reforms in recent years" is the reason for the move.
Shillings and dollars.
Somalia's President Mohamed Abdullahi Farmaajo has signed a law that gives the central government powers to sell the country's oil blocks for commercial drilling. Four of the oil ... Read more »
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