By: Nana
Appiah Acquaye
Somalia has advanced
discussions on economic reforms, institutional strengthening and climate
finance mobilisation following a series of high-level engagements involving the
Ministry of Finance Somalia and the country’s development partners.
According to Liban Obsiye,
Executive Director of the National Climate Fund (NCF) – Somalia, the country
last week led the coordination of the Horn of Africa Initiative ministerial
meeting, concluded the 4th Review of the IMF program and launched the 2025
Financial Governance Report.
The engagements also
included meetings between H.E. Minister Bihi Iman Egeh and the Ambassadors and
Development Directors of Somalia's key bilateral and multilateral partners.
In a statement shared by
Obsiye, Minister Bihi Egeh said Somalia remains focused on deepening reforms,
strengthening institutions and creating conditions for sustainable and
inclusive economic growth.
"Somalia remains firmly
committed to deepening reforms, strengthening our institutions, and creating
the conditions for sustainable and inclusive economic growth. Continued
partnership and coordinated support will be essential as we consolidate these
gains and advance the next phase of our economic transformation."
Obsiye said many of the key
discussions across the meetings featured the economic impact of climate change
as well as climate finance mobilisation and access.
He said he participated in
the discussions as Executive Director of the National Climate Fund (NCF) –
Somalia, describing the issues as relevant and timely for the country’s
economic transformation.
