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

Economic development key in Somalia’s prosperity;World Bank

Date:

Related stories

Once a Man’s World, Now a Shared Space: Women Transform Mogadishu’s Fish Market.

Every morning, as the sun rises over Mogadishu’s coastline,...

Somali Pirates Hijack Tanker ASANA

MOGADISHU – Somali pirates hijacked the oil tanker ASANA off...

Turkey excludes Somalia from e-Visa expansion

Turkey has expanded its electronic visa (e-Visa) system to...

Danab forces overrun Al-Shabaab stronghold near Jilib

The National Army’s elite Danab commandos have overrun a...

Somalia scrambles for new military allies as AU troops face exit

Somalia's federal government is pressing regional troop-contributing countries to...

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 -

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