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IMF Approves $40 Million Boost for Somalia’s Credit Program, Fourth Review Cleared

IMF approves additional $40 million for Somalia, releases $30 million in immediate budget support MOGADISHU — The International Monetary Fund has approved an additional $40 million for Somalia after completing the fourth review of the country’s Extended Credit Facility, authorizing an immediate $30 million disbursement for budget support. The decision lifts Somalia’s total access under the program to about $140 million and brings cumulative disbursements to roughly $100 million under the arrangement approved in December…

UAE Agreement Clears Path for Extradition of Kinahan Gang Associates

The government has reached agreements on extradition and mutual legal assistance treaties with the United Arab Emirates. These arrangements aim to facilitate the return of high-ranking members of the Kinahan organized crime network to Ireland for legal proceedings. This notorious transnational drug trafficking syndicate operates primarily from Dubai. Notably, Sean McGovern, one of its key figures, is currently detained while awaiting extradition to face a murder accusation in Ireland. Minister for Justice, Helen McEntee,…