USAID cuts had ‘severe impact’ on Somalia’s economy, says development bank chief

[WardheerNews - Somalia] - 21/10/2025
LONDON (Reuters) -The closure of the U.S. Agency for International Development earlier this year hit Somalia’s economy and tax revenues, the head of the country’s development bank said on Tuesday. “In Somalia (it) really impacted our GDP,” Hodan Osman, president of the Somali Development and (…)
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