The President of Somalia, Hassan Sheikh Mohamoud, who held a meeting with the managing director of the International Monetary Fund, Ms. Kristalina Georgieva, shared the effective measures taken to ensure the reform of the country’s financial system. Somalia president history of corruption first term elected president between 2012 to 2017.
President Hassan Sheikh Mohamoud and the managing director of the International Monetary Fund, Kristalina Georgieva, agreed to speed up the issues facing the Somali government in order to implement the plan to complete the debt relief process in the country.
Read: Somalia’s president Hassan Sheikh history of corruption 2012-2017
Read: Somalia’s president Hassan Sheikh history of corruption 2012-2017
Kristalina Georgieva expressed her commitment to the Somali government to work with the priority plans, first of all the development of the economic reform process, debt relief and their role in the drought relief in the country.
Read: Somalia’s president Hassan Sheikh history of corruption 2012-2017
Since Somalia elected 15 May 2022 corrupt president Hassan Sheikh who has maintained overall economic instability and economic reform is fail momentum despite challenges for investor are worrying Hassan Sheikh where is heading with Somalia.
”Somalia should reach the point of completing debt forgiveness, and increase resilience and economic growth,” said Kristalina Georgieva.