Somalia: 2022 Article IV Consultation and Fourth Review under the Extended Credit Facility-Press Release; and Staff Report
December 16, 2022
Preview Citation
Format: Chicago
Somalia: 2022 Article IV Consultation and Fourth Review under the Extended Credit Facility-Press Release; and Staff Report, (USA: International Monetary Fund, 2022) accessed November 21, 2024
Summary
Somalia is facing a severe drought and acute food insecurity, aggravated by higher global food and fuel prices. Sustained efforts from the authorities and support from international partners are needed for immediate humanitarian assistance and to build resilience over time to climate shocks. Notwithstanding the current challenges, including a fragile security situation, the authorities continue to deliver on their commitments under the IMF supported program and have maintained the reform momentum. Program and Article IV discussions were informed by the Country Engagement Strategy.
Publication Details
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Pages:
111
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Volume:
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DOI:
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Issue:
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Series:
Country Report No. 2022/375
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Stock No:
1SOMEA2022003
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ISBN:
9798400227738
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ISSN:
1934-7685