Browsing Tag

waives

U.S. Waives $1.14 Billion Debt for Somalia, Enhancing Economic Renewal

Mogadishu (AX) — In a monumental financial shift, Somalia has seen $1.14 billion in debt forgiven by the United States, signaling a significant stride towards achieving economic stability and revitalizing fundamental public sectors. Richard Riley, the US Ambassador to Somalia, shared this news in Mogadishu, emphasizing America’s strong dedication to bolstering Somalia’s future. Emboldened by this support, Riley stated, "This debt cancellation underlines our unwavering commitment to aid the Somali people in their pursuit…

President Farmajo waives the extension of his

His speech was eagerly awaited. Somalia's President Mohamed Abdullahi Mohamed, often called Farmajo, addressed parliament on Saturday, Might 1, in a context of excessive pressure. He renounced the extension of his mandate and demanded that talks be resumed. as reported from Nairobi, Albane ThirouardIn a resolution…

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