12/10/2025
International Monetary Fund (IMF) Staff Completes Staff-Level Agreement on the Fourth Review of the Extended ...
Download logo Somalia has maintained strong reform implementation and program performance. IMF staff and the Somali authorities have reached a staff-level agreement on the 4th review of Somaliarsquo;s Extended Credit Facility (ECF) arrangement. Somaliarsquo;s economy continues to show resilience, despite external headwinds, and the 2025-26 growth is expected to reach 3-3frac14; percent. However, the near-term economic outlook is clouded by foreign aid cuts and adverse climate events. The authorities requested an augmentation of access under the ECF arrangement to mitigate the negative impact of these shocks and support their policy efforts, including expanding social spending. Advancing...
