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Somalia is engaging in high-level discussions with international partners to advance economic reforms and mobilize climate finance. The country recently concluded an IMF program review and launched a new financial governance report.
Why it matters
These efforts are critical for Somalia's long-term economic stability and its ability to address the severe impacts of climate change on its development.
Somalia has advanced discussions on economic reforms, institutional strengthening and climate finance mobilisation following a series of high-level engagements involving the Ministry of Finance Somalia and the country’s development partners.
According to Liban Obsiye, Executive Director of the National Climate Fund (NCF) – Somalia, the country last week led the coordination of the Horn of Africa Initiative ministerial meeting, concluded the 4th Review of the IMF program and launched the 2025 Financial Governance Report.
The engagements also included meetings between H.E. Minister Bihi Iman Egeh and the Ambassadors and Development Directors of Somalia's key bilateral and multilateral partners.
In a statement shared by Obsiye, Minister Bihi Egeh said Somalia remains focused on deepening reforms, strengthening institutions and creating conditions for sustainable and inclusive economic growth.
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