Voice of America: IMF Recognizes Somali Government

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

IMF Recognizes Somali Government Apr 12th 2013, 23:39 The International Monetary Fund has officially recognized the Somali government after a break in relations of 22 years. The move opens the way for donor nations and other development banks to resume relations with Somalia. In a statement Friday, the IMF said "the decision is consistent with broad international support and recognition" of Somalia's government. The agency said, however, said that Somalia will not be eligible for any new financing until it repays previous loans it ...

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