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vernance may lead to fresh funding, Thiam said in an interview Feb. 17 in Nairobi, the capital of neighboring Kenya.”There is a general willingness from creditors to write off Somalia’s debt when the time comes, it’s a good prospect,” Thiam said. “They are not paying debt now, they will not be asked to pay tomorrow, so they have time to work on consolidating their economic base. The debt is an issue that will be resolved some time.”Somalia is one of the last nations to qualify for debt relief under a World Bank and IMF initiative known as Heavily Indebted Poor Countries, Thiam said.
