IMF Concludes 2017 Article IV Consultation with Somalia, and First Review under the Staff-Monitored Program

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Somalilandsun- On February 21, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Somalia. 2

Despite a severe drought and sporadic terrorist attacks, Somalia avoided a significant economic slowdown in 2017 with support from the national and international community.

The authorities’ commitment to the staff-monitored program is strong and they are implementing difficult reform measures.

Click to continue reading IMF Executive Board Concludes 2017 Article IV Consultation with Somalia, and Completion of the First Review under the Staff-Monitored Program (SMP)[1]