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2024

World Bank urges Somalia to invest in private sector to spur growth

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MOGADISHU, June 27 (Xinhua) -- Fostering a vibrant and inclusive private sector in Somalia is crucial for inclusive and sustainable economic growth, job creation, and resilience against fragility, the World Bank said in a new report.

In a report released on Wednesday evening, the World Bank said this will require concerted efforts to address policy and regulatory gaps, enhance infrastructure, and unlock investme