PM Khaire to address World Bank Fragility Forum Monday

Prime Minister Hassan Khaire will Monday address the World Bank’s annual Fragility Forum in the US sharing on Somalia’s experience on managing risks for peace and stability.

Khaire who left the country Sunday will also be joined by Women and Human Rights Minister Deqa Yusuf who will address the forum on Gender Equality and Women’s Empowerment in Fragile, Conflict/Violent Settings.

Under the theme, the 2018 Fragility Forum will bring together policy makers and practitioners from humanitarian, development, peace and security communities to share practical solutions and explore innovative ways to improve development approaches to foster peace and stability, the World Bank said in its website.

According to the agenda of the three days Forum, PM Khaire will be among the panelists presenting on the topic Managing Risks for Peace and Stability alongside World Bank CEO Kristalina Georgiev among others.

The PM will also be expected to meet representatives from the World Bank and other financial institutions as the country pushes for debt relief through the Heavily Indebted Poor Country (HIPC) Initiative. Countries seeking debt relief must, under HIPC meet stringent fiscal and public sector reform benchmarks.

The IMF said late last month it was impressed by Somalia’s track record towards debt relief process citing improved fiscal and currency reform.