Amb. Shammar Looks for Further Yemeni-Bulgarian Cultural Cooperation
The Chargé d' Affaires of the Embassy of the Republic of Yemen in Sofia, Bulgaria, Ambassador Ahmed Shammar, met today with the Director of the Bulgarian National Library, Professor Kalina Ivanova.
Three Palestinians Killed, 10 Injured in Israeli Airstrikes on Gaza
Three Palestinians were killed and more than 10 others injured on Saturday in a series of Israeli airstrikes targeting several areas across the Gaza Strip.
Korea's Travel Account Posts Surplus for 3rd Month in Row
South Korea reported a surplus in its tourism account for the third month in a row in May, driven by a rise in the number of foreign tourists, reaching $220.5 million in May compared to a deficit of $820.2 million in the same month last year.
England Claim FIFA World Cup 2026 Bronze with Victory over France
England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.
Last Update: ،
2026/07/28
Time
11:30:43
Latest News:
Prime Minister: Aden Tops Government Priorities
Al-Arada Calls for Stronger Action Against Iranian Support for Houthis
Yemeni Ambassador, Russian Agency Chief Discuss Expanding Education Links
Al-Khabbashi Praises Efforts to Settle Disputes, Underlines Importance of Developing Technical Education
Lahj Governor Calls for Broader Development Cooperation with Danish Refugee Council
Latest News:
Prime Minister: Aden Tops Government Priorities
Al-Arada Calls for Stronger Action Against Iranian Support for Houthis
Yemeni Ambassador, Russian Agency Chief Discuss Expanding Education Links
Al-Khabbashi Praises Efforts to Settle Disputes, Underlines Importance of Developing Technical Education
Lahj Governor Calls for Broader Development Cooperation with Danish Refugee Council
IMF provides Somalia with $10 million to reduce poverty, boost growth
[11/12/2024 01:42]
WASHINGTON-SABA
The International Monetary Fund (IMF) has approved the disbursement of $10 million to Somalia to boost the country's economic reforms.
The IMF said in a statement that the latest funding "brings Somalia's total disbursement under the current program, the Extended Credit Facility, originally approved in December 2023 to $60 million.
The IMF added that its Executive Board "has completed the 2024 Article IV consultation and the second review under the Extended Credit Facility for Somalia."
The IMF expects Somalia's real GDP growth to rise to 4 percent for 2024 and 2025 on the basis of strong exports and remittances "amid high risks, including regional and domestic security developments, commodity prices and climate shocks."
The International Monetary Fund (IMF) has approved the disbursement of $10 million to Somalia to boost the country's economic reforms.
The IMF said in a statement that the latest funding "brings Somalia's total disbursement under the current program, the Extended Credit Facility, originally approved in December 2023 to $60 million.
The IMF added that its Executive Board "has completed the 2024 Article IV consultation and the second review under the Extended Credit Facility for Somalia."
The IMF expects Somalia's real GDP growth to rise to 4 percent for 2024 and 2025 on the basis of strong exports and remittances "amid high risks, including regional and domestic security developments, commodity prices and climate shocks."
Key words:
International - consultation - developments - disbursement - remittances - WASHINGTON - originally - including - completed - Executive -
Korea's Travel Account Posts Surplus for 3rd Month in Row
Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
