Somalia, Denmark sign debt forgiveness agreement

Health Minister and UNICEF Discuss Strengthening Partnership

Minister of Public Health and Population, Dr. Qasem Buhaybeh, met with a team from the United Nations Children's Fund (UNICEF) led by the organization's Representative in Yemen, Dr. Peter Hawkins, in Aden.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/13 Time 02:45:48
Latest News:

FM discusses with UAE Ambassador coordinating positions on issues of common interest

Yemen and China Discuss Strengthening Bilateral Relations

Japan and IOM Sign Agreement to Rehabilitate 6 Vocational Training Centers in Yemen

Al-Eryani Condemns killing five children in Houthi bomb explosion in Taiz

Parliament's Presidency addresses current developments

Somalia, Denmark sign debt forgiveness agreement

[19/11/2024 01:07]

MOGADISHU-SABA
The Somali federal government and the government of Denmark signed a joint agreement in Mogadishu today, Tuesday, to forgive Somalia from debt to Denmark, in a move that reflects the success of financial reform efforts led by the national government.

According to the Somali National News Agency (SONNA) the agreement was signed by Somali Finance Minister Bihi Aggi and Danish Ambassador to Mogadishu Steen Son Andersen.

SONNA reported that this agreement follows negotiations conducted by Somalia with members of the Paris Club, which resulted in a decision in March 2024 to forgive the debts of many countries on Somalia, while obliging the federal government to negotiate with other creditor countries.

In a brief statement following the signing of the agreement, the finance minister said: "We thank the Danish government as a valuable friend who supports financial development in Somalia".