Somalia News » Nugal News Somalia » Nugal » Economy: Somalia economy to grow by unprecedented 3.7%, IMF confirms
News channel or source: https://www.garoweonline.com/en/news/somalia/somalia-economy-to-grow-by-unprecedented-3-7-imf-confirms
Published on: Wednesday 13 March 2024
MOGADISHU, Somalia - Despite many hindrances and prevailing circumstances, the economy of the Federal Republic of Somalia is set for an unprecedented growth of 3.7% in 2024, experts have projected, ...
News Somalia » Nugal » Economy: USAID Cuts Had 'Severe Impact' on Somalia's Economy, Says Development Bank Chief
News channel or source: https://money.usnews.com/investing/news/articles/2025-10-21/usaid-cuts-had-severe-impact-on-somalias-economy-says-development-bank-chief
Published on: Monday 20 October 2025
LONDON (Reuters) -The closure of the U.S. Agency for International Development earlier this year hit Somalia's economy and tax revenues, the head of the country's development bank said on Tuesday. "In ...