United States has officially canceled $1.14 billion of debt that Somalia owed

Ambassador Riley and Minister of Finance, Bihi Egeh, signed a bilateral agreement that forgives Somalia’s $1.14 billion debt to the United States.

This $1.1 billion in debt relief is in addition to the $1.2 billion of development, economic, security, and humanitarian assistance the United States has provided to Somalia just this fiscal year. The United States continues to be a steadfast partner in support of the people of Somalia.