IMF Managing Director Approves Staff-Monitored Program for Somalia

The Managing Director of the International Monetary Fund (IMF) approved on May 16, 2016 a Staff-Monitored Program (SMP) for the Federal Republic of Somalia, covering the period of May 2016–April 2017.[1] Somalia is recovering slowly from nearly 25 years of civil war. Weak institutional capacity, complex clan politics, and a challenging security situation have complicated […]http://feedproxy.google.com/~r/Appa-sourceTheAfric...