From 2009, during the TFG, to 2017, the external debt of Somalia was averaging $2,867,496,844.36 with an average annual change of 37,492129.25 (1.3107
From 2009, during the TFG, to 2017, the external debt of Somalia was averaging $2,867,496,844.36 with an average annual change of 37,492129.25 (1.3107%) when it was almost doubled to $5,558,434,813 in 2018, an annual % change of 96.16.
In this article we will look into what possibly happened from 2017 to 2018 that might have resulted this figure that is highly exceeding the average annual percent changes of the previous nine years.
Click here for the full details of the OPINION PIECE
Additional details on Somalia’s 2017 budget and Somalia’s external debt click on the following links
Somalia’s External Debt and the Path Toward Arrears Clearance and Debt Relief
SOMALIA – PPG EXTERNAL DEBT AS OF END- DECEMBER 2018
This piece is collaborated on by Sumayya D. Warsame, Samiya D. Warsame, and Sakina D. Warsame of which the oldest is 14 years of age and with the supervision of Aabbe Ducaale Warsame | Email: [email protected]
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