Somalia Economic Update, Ninth Edition

Abstract

The 9th edition of the World Bank’s Somalia Economic Update (SEU) assesses key economic developments, prospects, and policies in Somalia. The Update is intended for a wide audience including policy makers, business leaders, the community of analysts and professionals engaged in economic debate, and the public. This SEU addresses climate change challenges for economic growth. It highlights the urgent need of the Government of Somalia to support sustained and long-term growth, anchored on macroeconomic stability and broad-based structural reforms, while laying the groundwork for sustainable development and enhanced climate resilience, ensuring a more secure future for its people.