Office of Somali PresidentFriday, January 11, 2013
“Somalia needs to reinstate operations with the World Bank Family, We believe the World bank can play an important role in the reconstruction of Somalia, as well as the rebuilding of our public financial institutions.” said the President.
Furthermore, he briefed the officials about Somalia’s 12 years of transition in which he described this as a long time for a country to be in transition. “We are committed to bring forward the best people we have to work with you, so our financial institutions can begin to function well, but we need your support”In conclusion President Hassan Sheikh Mohamud who was very optimistic about future engagements with the international community, informed the World Bank team about the various recent changes in Somalia. He informed the team that many countries have signed bilateral agreements with Somalia, and more agreements are currently ongoing. “Some countries like Japan have choosen to directly recognize and support the government. We applaud this move and encourage others to follow suit. We are certain that other institutions like the World Bank would be pleased to be our partners.” President Hassan said
Source: Somali Government