Mogadishu, June 16, 2022; HE Hassan Sheikh Mohamud, President of the Federal Republic of Somalia, met with HE Kristina Svensson, Country Director of the World Bank for Somalia, to discuss enhancing cooperation between the World Bank and the Federal Government of Somalia.
Ms Kristina Svensson stated that the World Bank will provide $ 100 million to the Somali government over the next 12 months to address the government’s priorities, applauding the President for his commitment to reform.
President Hassan Sheikh Mohamud underlined the Federal Government of Somalia’s commitment to strengthening social services and young employment, and urged the World Bank to collaborate with the government in modernizing the Federal Government.