HomeTop NewsEconomic development key in Somalia's prosperity;World Bank

Economic development key in Somalia’s prosperity;World Bank

Date:

Related stories

SNAIC Convenes Roundtable on Shaping Somalia’s AI Future

SNAIC Convenes Roundtable on Shaping Somalia’s AI Future Mogadishu, Somalia...

Elections, the Constitution, and Somaliland: What Is Happening in Mogadishu?

Somalia is facing intense political dispute regarding elections, constitutional amendments, the tenure of government institutions, and Mogadishu's relations with political stakeholders.

Egypt, CIA Chief Affirm Support for Somalia’s Sovereignty

President El-Sisi and CIA Director Ratcliffe discuss regional security, rejecting any infringement on Somalia's territorial integrity.

Somalia Federal Government Minister of Finance Bihi Egeh has appraised the commendable economic progress that Somalia has achieved made in recent years. Speaking at the 8th edition of the Somalia Economic Update when he delivered a keynote speech, Bihi highlighted the role and importance that water plays in the nation’s economic development. He said that […]

- Advertisement -
- Advertisement -

Somalia Federal Government Minister of Finance Bihi Egeh has appraised the commendable economic progress that Somalia has achieved made in recent years.

Speaking at the 8th edition of the Somalia Economic Update when he delivered a keynote speech, Bihi highlighted the role and importance that water plays in the nation’s economic development.

- Advertisement -

He said that the Somali government will continue to institute water reforms in the country.

Egeh added that Horn of Africa Nation is gearing up for economic development despite the myriad challenges bedeviling the country.

Bihi was flanked by Jama Taqal Abbas, the Minister of Energy and Water Resources, while addressing other participants on Thursday.

- Advertisement -

The event which was funded and facilitated by the World Bank offers a platform for analysis of the latest economic trajectory and future growth prospects of Somalia.

It also champions and advocates for the integration of climate change considerations into Somalia’s growth agenda as per a statement from the World Bank.

According to the Bank, the Economic Update also delves deep into the important relationship between water, climate change, and Somalia’s growth agenda and emphasizes the pivotal role of water in driving Somalia’s prosperity.

 

Latest stories

The Somali girls stepping into the boxing ring – and challenging tradition. MOGADISHU, Somalia

In a small training hall in Mogadishu’s Waaberi district,...

Bruno Guimarães on the Verge of Completing Arsenal Move

Arsenal appear to be on the verge of signing...

Arsenal Intensify Pursuit of Vinícius Júnior with Arteta’s Major Promise

Arsenal are intensifying their pursuit of Vinícius Júnior, with Arteta promising he will be the centerpiece of the project.

Recent Posts