Somalia: Somali Prime Minister Travels to Switzerland for World Economic Forum

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Monday January 22, 2018 - 14:41:34 in Latest News by Staff Reporter
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    Somalia: Somali Prime Minister Travels to Switzerland for World Economic Forum

    MOGADISHU (Horn Observer) Somali Prime Minister Hassan Ali Khaire has on Monday traveled to Geneva to attend the World Economic Forum, amid Somalia's financial institutions are reviving.

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Somali Prime Minister Hassan Ali Khaire (file photo)
MOGADISHU (Horn Observer) Somali Prime Minister Hassan Ali Khaire has on Monday traveled to Geneva to attend the World Economic Forum, amid Somalia's financial institutions are reviving.


"I am leading a team to attend a 3- days conference for the World Economic Forum in Davos, Switzerland.” Prime Minister Khaire said on twitter.” The invitation of Somalia to World Econimic Forum is an indication that we are heading in the right direction. "

Somalia government has been trying to restore the credibility of the Somali financial institutions, which prompted the International Monetary Fund (IMF) give green light the government’s 2017 budgets approved by Somalia's parliament.

According to IMF, Somalia was on 12-month IMF staff-monitored program after decades of war and turmoil, and adherence to the IMF’s fiscal framework opens the door for grants and concessional funding from international financial institutions.

That's the theme of this year's Annual Meeting is "The Creating a Shared Future in a Fractured World” Political, economic and social fractures risk dividing us, by fostering intolerance, indecision and inaction.

The meeting will call for leaders to work together to create a shared narrative that will improve the state of the world. This will discussed in more than 400 sessions - around half of which you'll be able to watch in the live player above.

- Horn Observer -




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