News / Africa

IMF Recognizes Somali Government

Somali President Hassan Sheikh Mohamud speaks during a military parade marking the 53rd anniversary of the Somali National Army in Mogadishu, Somalia, April 12, 2013.Somali President Hassan Sheikh Mohamud speaks during a military parade marking the 53rd anniversary of the Somali National Army in Mogadishu, Somalia, April 12, 2013.
x
Somali President Hassan Sheikh Mohamud speaks during a military parade marking the 53rd anniversary of the Somali National Army in Mogadishu, Somalia, April 12, 2013.
Somali President Hassan Sheikh Mohamud speaks during a military parade marking the 53rd anniversary of the Somali National Army in Mogadishu, Somalia, April 12, 2013.
VOA News
The International Monetary Fund has officially recognized the Somali government after a break in relations of 22 years. The move opens the way for donor nations and other development banks to resume relations with Somalia.

In a statement Friday, the IMF said "the decision is consistent with broad international support and recognition" of Somalia's government.

The agency said, however, said that Somalia will not be eligible for any new financing until it repays previous loans it owes to the IMF of more than $350 million.

Many nations have been re-engaging with the Somali government since the election of President Hassan Sheikh Mohamud last year.

The United States officially recognized the new Somali government in January, saying it has made significant progress in stabilizing the country and defeating al-Shabab Islamic militants.

African Union and Somali forces have pushed the militants out of a number of major towns. But al-Shabab still controls a large part of the country as it tries into turn Somalia into a strictly Islamic state.

Somalia has not had a strong central government since 1991. Various warlords and groups spent the next two decades trying to seize power.

A new parliament sworn in last year elected Mr. Mohamud president, ending eight years of ineffective and unstable transitional government.

You May Like

Video Miami Cubans Divided on New US Policy

While older, more conservative Cuban Americans have promoted anti-Castro political movement for years, younger generations say economically, it is time for change More

2014 Sees Dramatic Uptick in Boko Haram Abductions

Militants suspected in latest mass kidnapping of over 100 people in Gumsuri, Nigeria on Sunday More

Video Cuba Deal Is Major Victory for Pope

Role of Francis hailed throughout US, Latin America - though some Cuban-American Catholics have mixed feelings More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Sudan School Becomes Target of Aerial Attacksi
X
December 19, 2014 12:45 AM
The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Putin Says Russian Economy Will Emerge Stronger

Russian President Vladimir Putin has said his country's sinking economy will not only recover but also become stronger, despite falling oil prices and Western sanctions over Ukraine. VOA's Daniel Schearf reports.
Video

Video Detained Turkish Journalists Follow Teachings of US-Based Preacher

The Turkish government’s jailing of critical journalists has sparked international condemnation and is being seen as an effort to undermine the followers of an ailing Turkish preacher based in the United States. VOA religion reporter Jerome Socolovsky has more.
Video

Video ‘Anti-Islamization’ Marches Increase Tensions In Germany

Anti-immigrant rallies in Germany have been building in recent weeks, peaking Monday night in the city of Dresden where tens of thousands of people turned out to demonstrate against what they call the ‘Islamization’ of the West. Germany has offered asylum to more Syrian refugees than any other country, and this appears to have set off the protests. Henry Ridgwell reports from London.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.
Video

Video Refugees Living in Kenya Long for Peace in the Home Countries

Kenya is host to numerous refugees seeking safe haven from conflict. Immigrants from Somalia face challenges in their new lives in Kenya. Ahead of International Migrants Day (December 18) Lenny Ruvaga has more for VOA News from the Kenyan capital.

All About America

AppleAndroid