Somali economy "growing rapidly"

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Livestock is one of the main drivers of Somalia’s economic growth. File Photo: AU-UN IST/Stuart Price

Somalia's economy is on track to grow 2.7 per cent in 2015, according to the first review of the nation's economic well-being in 26 years.

The review by the International Monetary Fund (IMF) describes the progress the Horn of Africa country has made towards rebuilding its institutions and restoring normalcy after more than two decades of civil war and recurrent droughts.

Widespread poverty, gender disparities and low life expectancy, however, remain challenges.

The IMF's chief of mission in Somalia, Rogerio Zandamela, has been speaking to Priscilla Lecomte.

Duration: 4’44″ [early out: 2'04"]

Filed under Today's Features.
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