The Minister of Finance of Somalia in Bangkok for meetings with World Bank and IMF leaders

Bangkok, Thailand – The Minister of Finance of the Federal Government of Somalia, Biixi Imaan Cige, and a delegation he leads are holding meetings in Bangkok with senior officials from international financial institutions and countries allied with Somalia, as the annual meeting of the World Bank and the International Monetary Fund (IMF) is ongoing.

The Minister had an important meeting with the Vice President of the World Bank for Eastern and Southern Africa, Dr. Ndiame Diop, and Dr. Zarau Kibwe, who is the Executive Director of the World Bank representing countries including Somalia.

The meeting focused on strengthening the cooperation between Somalia and the World Bank. The important role of the World Bank in supporting and developing Somalia was also praised, at a time when there are changes and new global opportunities.

The Minister of Finance also met with the Director of the Middle East and Central Asia Department of the IMF, Jihad Azour, where they discussed the implementation of the economic reform program for Somalia, adapting to the impacts of global changes, and enhancing sustainable development financing opportunities.

The Minister and his delegation are expected to participate in other high-level meetings during the annual meeting of the IMF and the World Bank, with the Minister of Finance set to deliver speeches related to the economic situation in Somalia and the region during the general meetings.

These meetings are part of Somalia's efforts to strengthen its relationship with international financial institutions, in order to enhance economic cooperation and secure opportunities that can support the country's development.