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The IMF will continue its engagement with Somalia in the context of the new three-year IMF financial arrangement as well as capacity development support sponsored by the Somalia Country Fund.
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Completion Point triggers, including on public financial and expenditure management, domestic revenue mobilization, governance, social sectors, and statistics. The IMF Executive Board granted a waiver for the adoption and implementation of a single import duty tariff schedule at all ports.
The Executive Boards of the International Monetary Fund (IMF) and the World Bankβs International Development Association (IDA) have approved the Heavily Indebted Poor Countries (HIPC) Initiative Completion Point for Somalia, which provides total debt service savings for the country of US$4.5...
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