World

German Government Pledges Extra $73 Million In Financial Aid To Somalia

German Ambassador to Somalia Annett Gunther on Monday said the Germany government will provide an additional $73m in financial aid to Somalia as it has pledged to boost bilateral ties with Mogadishu, reported Somali Affairs.

Gunther made the announcement while hosting a ceremony in Mogadishu to mark German Unity Day. The event was also attended by Somali Prime Minister Hassan Ali Kheyre, the Speaker of the Upper House, Abdi Hashi Abdullahi, Minister of Foreign Affairs Ahmed Isse Awad and other members of the Somali government.

“To support Somalia on its path, Germany is increasing its support in its development cooperation by $73m over the next two years,” the German ambassador to Somalia said. “This increase, as was jointly agreed, will foster inclusive growth, skills development through technical and vocational education and training and urban infrastructure.”

Gunther said Germany is engaging with a higher priority in rural development, agriculture and water management. She noted that the German government’s substantial support honours the progress made by the Somali people.

“It aims to support maintaining the positive trajectory Somalia has taken in recent years,” she added.

The event commemorated the 29th anniversary of the reunification of Germany on Oct. 3, 1990. It was held at the European Union Diplomatic Compound.

Caroline Finnegan

A professionnal journalist for the past ten years, I cover global news and economic affairs for The Chief Observer.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *