Monday 12, May -2025 {HMC} A high-level meeting between the Federal Government of Somalia and international financial institutions, including the International Monetary Fund (IMF), officially opened today in Nairobi, Kenya. The four-day summit is focused on advancing Somalia’s economic reform agenda and exploring investment opportunities in the country’s productive sectors.
Leading Somalia’s delegation is the Minister of Finance, H.E. Biixi Imaan Cige, accompanied by senior representatives from the Offices of the President and Prime Minister, as well as the Ministries of Finance, Planning, Petroleum, the Central Bank, the Financial Reporting Centre, the National Bureau of Statistics, and the Office of the Accountant General.
The talks will assess the progress made since Somalia received multilateral debt relief and will outline a forward-looking strategy for sustainable economic development, including potential funding for key national development projects.
In his opening remarks, Minister Biixi emphasized the government’s strong commitment to fiscal reform and modernization of revenue systems, noting that these efforts are on the right track toward ensuring long-term financial stability and economic self-reliance.
