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Saturday 13 April 2013

Somalia: Prime Minister Welcomes G8 Recognition of Country’s Progress

The G8 also pledged its political support as Somalia is set to re-engage with international financial institutions of the World Bank, International Monetary Fund and the African Development Bank.

By Staff Writer

LONDON--His Excellency Prime Minister Abdi Farah Shirdon Friday welcomed the G8 statement in London praising recent progress in Somalia and emphasizing the international community’s continued support for the country.

“The Somali government has worked hard to entrench the recent progress on the political, security, economic and humanitarian fronts that we have made with the support of our international partners and I am immensely heartened to see the G8’s vote of confidence. We know we have a long way to go and we cannot make it alone but there is no turning back.”

In a statement issued in London Friday, “G8 Foreign Ministers welcomed the significant progress made in Somalia over the past 18 months on security, political transition and humanitarian conditions… G8 Ministers underlined the need for continued early international support to the new Somali Government.”

The G8 also pledged its political support as Somalia is set to re-engage with international financial institutions of the World Bank, International Monetary Fund and the African Development Bank.

“I am encouraged by the lead taken by the UK to support efforts to re-engage with the IFIs and the longer term process that may lead to arrears clearance. Without this we will not be able to receive sustained support from these organisations. And we understand the reciprocal obligations on us of strengthening the accountability and transparency of our public financial management systems. We look forward to making progress on this and many other critical issues at the London Conference on 7 May.”

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