Arab League cancels Somalia’s debts amassed over 38 years
Arab League cancels 75 percent of Somalia’s arrears, a boost for Mogadishu’s hard-won comeback
The Arab League has agreed to cancel 75 percent of Somalia’s unpaid membership dues, a rare step that trims nearly four decades of arrears and signals renewed political backing for a country still rebuilding from conflict and climate shocks. The decision was taken in Cairo during the League’s 164th session of permanent representatives, Somali officials said Tuesday.
Somalia’s Ambassador to Egypt and Permanent Representative to…