Somalia, 1 December 2025 – Somalia is set to finalize its debt relief agreement with the Paris Club by the end of 2025, according to Minister of Finance, Bihi Iman Egeh.The country has successfully negotiated debt forgiveness with nine of the ten creditor nations, leaving Spain as the last remaining creditor.Speaking on the Miizaan Podcast, broadcast by Dawan TV on Saturday, Minister Bihi shared that since the announcement of Somalia’s debt relief at the close of 2023, the country has made significant strides in talks with individual Paris Club members. “Nine out of the ten countries have already forgiven their debt, resulting in 100 percent of those debts being written off,” Minister Egeh stated.Paris Club is an informal group of…
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