{"id":14376,"date":"2022-06-17T10:44:09","date_gmt":"2022-06-17T10:44:09","guid":{"rendered":"https:\/\/somalimagazine.so\/?p=14376"},"modified":"2022-07-02T15:04:22","modified_gmt":"2022-07-02T15:04:22","slug":"somalia-to-receive-100-million-from-world-bank","status":"publish","type":"post","link":"https:\/\/somalimagazine.so\/so\/somalia-to-receive-100-million-from-world-bank\/","title":{"rendered":"Somalia to receive $100 million from World Bank"},"content":{"rendered":"<div class=\"detay-bg\">\n<div class=\"detay-spot container \">\n<div class=\"detay-spot-category\">\n<h1><strong>Announcement comes as country experiencing one of worst droughts in 4 decades<\/strong><\/h1>\n<div class=\"row\">The World Bank announced Thursday that it will give Somalia $100 million in the next 12 months to address the government&#8217;s priorities.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<p>The announcement comes after the bank\u2019s country director Kristina Svensson met Somali President Hassan Sheikh Mohamud in the nation\u2019s capital of Mogadishu.<\/p>\n<p>They discussed strengthening the cooperation between Somalia and the bank, according to Somali National Television.<\/p>\n<p>The support comes as the Horn of Africa country is currently experiencing one of the worst droughts in 40 years that has displaced hundreds of thousands.<\/p>\n<p>More than 7.1 million Somalis, close to 50% of the population, are facing extreme hunger due to famine-like conditions, according to United Nations.<\/p>\n<p>Nearly 800,000 people have been forced to flee their homes since 2021 in search of food, water and pasture for their animals.<\/p>\n<p>Mohamud, who was elected last month, has made the drought his first priority and called for immediate international support to avert famine.<\/p>\n<p>The World Bank Board of Directors approved a $55 million International Development Assistance (IDA) grant in 2020 to support Somalia\u2019s economic recovery through continued fiscal and other economic policy reforms to strengthen fiscal management and promote inclusive private sector-led growth.<\/p>\n<div>Anadolu Agency Mohammed Dhaysane \u00a0 |16.06.2022<\/div>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Announcement comes as country experiencing one of worst droughts in 4 decades The World Bank announced Thursday that it will give Somalia $100 million in the next 12 months to address the government&#8217;s priorities. The announcement comes after the bank\u2019s country director Kristina Svensson met Somali President Hassan Sheikh Mohamud in the nation\u2019s capital of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_vp_format_video_url":"","_vp_image_focal_point":[],"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-14376","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-soomaaliya-iyo-caalamka"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts\/14376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/comments?post=14376"}],"version-history":[{"count":1,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts\/14376\/revisions"}],"predecessor-version":[{"id":15709,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/posts\/14376\/revisions\/15709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/media\/14377"}],"wp:attachment":[{"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/media?parent=14376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/categories?post=14376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/somalimagazine.so\/so\/wp-json\/wp\/v2\/tags?post=14376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}