Washington, DC (SOMALI MAGAZINE): Mr. Bihi Iman Ige, Somalia’s Finance Minister, has been actively engaging with top World Bank officials during the IMF and World Bank’s spring assembly. The Minister visited the general assembly of African Finance Ministers, where he represented his colleagues and made a captivating speech in their own language.
Minister Ige’s address emphasized Somalia’s outstanding progress in debt reduction, recovery, and economic growth, establishing the country as an example for poor nations dealing with debt since December 2023. His speech emphasized Somalia’s tremendous accomplishments and its continuous commitment to financial stability and prosperity.
In a special session on Somali affairs, Minister Ige and his entourage met with the World Bank’s Vice President for the Eastern and Southern African Continent. This discussion was solely focused on developing and amplifying the World Bank’s support for Somalia, demonstrating the two organizations’ solid collaboration.
The World Bank, a longtime supporter of Somalia, continues to play an important role in the country’s development and financial recovery efforts. With initiatives that are allegedly prospering, this partnership represents a ray of hope for Somalia’s future economic resiliency and success.