Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Somalia seeks three-month extension of its IMF support programme

FILE PHOTO: A general view of Somalia’s capital Mogadishu October 25, 2015. REUTERS/Feisal Omar

Somalia's government has asked the International Monetary Fund (IMF) to extend its financial support by three months to Aug. 17, the head of the IMF's country mission told Reuters.

The Washington-based fund warned in February that Somalia's delayed legislative and presidential elections put the renewal of the three-year budget support programme, worth nearly $400 million, at risk of automatic expiration this month.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.