#Somalia is an important partner country for #Norway. Debt relief is essential if Somalia is to continue its stabilisation & reform efforts. This is why Norway will provide a bridging loan of NOK 3,135 billion. Read more 👉🏽 https://t.co/xYHBPzzvYu https://t.co/0S6dyMiOLn

2019-10-10 14:00:20

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Norway to provide bridging loan to Somalia

The Government has proposed that Norway should provide a short-term bridging loan of NOK 3.135 billion to Somalia in 2020 to clear Somalia’s debt arrears to the World Bank’s International Development Association. Technically, this is a loan to Somalia,...