Somalia to receive US$100 million from World Bank ...Middle East

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Somalia to receive US$100 million from World Bank
MOGADISHU: The World Bank announced Thursday that it will give Somalia US$100 million in the next 12 months to address the government’s priorities.The announcement comes after the bank’s country director Kristina Svensson met Somali President Hassan Sheikh Mohamud in the nation’s capital of Mogadishu.They discussed strengthening the cooperation between Somalia and the bank, Anadolu Agency reported, quoting Somali National Television.The support comes as the Horn of Africa country is currently experiencing one of the worst droughts in 40 years that has displaced hundreds of thousands.More than 7.1 million Somalis, close to 50 per cent of the population, are facing extreme hunger due to famine

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