Somalia has been in a state of civil war for decades and that’s left it financially weak and in debt. This week, the US moved to cancel $1.1 billion in Somalia’s outstanding debt, representing just over a quarter of the country’s overall foreign debt. Host Carolyn Beeler speaks with Harry Verhoeven, an expert on the political economy of the Horn of Africa, about what this debt forgiveness will mean for Somalia.
Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll help us unlock a matching gift of $67,000!