
Somalia Granted $4.5 Billion in Debt Forgiveness
Voice of America
A woman, who fled amid a drought, carries her baby at a makeshift camp for displaced people on the outskirts of Mogadishu, Somalia on Tuesday, Sept. 26, 2023.
The International Monetary Fund and the World Bank approved $4.5 billion in debt forgiveness for Somalia Wednesday after the Horn of Africa nation completed years of financial reforms under the Heavily Indebted Poor Countries Initiative, or HIPC.

Local officials and navy personnel attend a joint Iranian, Russian and Chinese military drill in the Gulf of Oman, Iran, on March 12, 2025. (Iranian Army Office via AFP) Chinese navy troops attending a joint naval drill with Iran and Russia stand on the deck of their warship in an official arrival ceremony at Shahid Beheshti port in Chabahar in the Gulf of Oman, Iran, on March 11, 2025.

India's Prime Minister Narendra Modi waves as he arrives for Mauritius' 57th National Day celebrations at the Champ De Mars, Port Louis, Mauritius, March 12, 2025. India's Prime Minister Narendra Modi, left, and his Mauritius counterpart Navin Ramgoolam pay homage after laying a wreath at the Sir Seewoosagur Ramgoolam Botanical Garden during his State visit, in Pamplemousses, Mauritius, March 11, 2025. FILE - Sailors walk on the deck of the INS Imphal, a stealth guided-missile destroyer, at the Naval Dockyard in Mumbai, Dec. 22, 2023.

Police officers guard the Palace of the Republic after Bosnian prosecutors ordered the detention of three top Bosnian Serb officials over a series of separatist actions, in the Bosnian town of Banja Luka, 240 kms northwest of Sarajevo, March 12, 2025. FILE - Bosnian Serb leader Milorad Dodik speaks during an interview with the Associated Press, in the Bosnian town of Banja Luka, 240 kms northwest of Sarajevo, Dec. 29, 2023.