SLSUN: Economic activity in Somalia has picked up in recent months, supported by a rebound in agriculture and remittances, and growth projections for 2024 and 2025 have been upgraded to 4 percent.
However, the domestic security situation remains challenging and geopolitical tensions in the Horn of Africa remain elevated.
In the context of the Article IV Consultation and the Second Review
•A Debt Sustainability Analysis prepared by the staff of the IMF and the World Bank. Was released
•A Press Release including a statement by the Chair of the Executive Board available HERE