International Monetary Fund (IMF) has granted Somalia $970,000 additional interim assistance on lapse time basis under the enhanced Heavily Indebted Poor Countries (HIPC) initiative. This will cover Somalia’s debt service obligations for March 25, 2021 through to March 24, 2022. Interim assistance under the enhanced HIPC Initiative is debt relief granted on a country’s debt … Continue reading IMF grants Somalia $970,000 interim assistance The East African