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Somalia: U.S. Forgives $1.14 Billion Debt to Somalia’s Economic Recovery

Source link : https://www.afric.info/2024/11/06/news/somalia-u-s-forgives-1-14-billion-debt-to-somalias-economic-recovery/

In a move to bolster Somalia’s economic recovery and stability, the United States has forgiven $1.14 billion in debt owed by Somalia. The debt cancellation, announced by US Ambassador to Somalia Richard Riley in Mogadishu, is part of a larger $1.2 billion assistance package for Somalia this fiscal year. This financial support focuses on economic […]

Author : AFRICA-NEWS

Publish date : 2024-11-06 09:27:35

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