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African Development Bank awards Somalia $18 million
[29/05/2024 04:42]
MOGADISHU-SABA
The African Development Bank (AfDB) awarded today, Tuesday, the Federal Government of Somalia $18 million to respond to disasters caused by climate change.

According to the Somali National News Agency (SONNA), the financial support agreement was signed by Finance Minister Bihi Iman and AfDB's Vice President Dr. Beth Dunford on the sidelines of the AfDB Group's annual meetings held in Nairobi, Kenya.

The Somali minister stressed the importance of this financial agreement to support Somalia at this time when the world is witnessing climate change, in addition to cooperation with the African Development Bank.


U.S. federal debt exceeds $37 trillion
1.5 trillion dollars in revenue for light industry sector in China
Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
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U.S. President plans to increase tariffs on steel, aluminum imports
Japan supports its small, medium enterprises with $15.5 billion to face U.S. tariffs

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