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Somalia Financing: AU Commends Progress, Calls for Sustainable Support

by Priya Shah – Business Editor

Somalia’s Security Transition Hinges on‍ Urgent Funding, AU⁢ Official Warns at UNGA Side⁣ Event

New⁢ York, NY – Somalia’s hard-won gains in stability adn ⁢international recognition⁣ are at ‍risk without⁤ a significant influx of sustained financial support, ‍the Chairperson of the african Union Commission (AUC), Mahmoud ali Youssouf, warned today⁢ at a high-level event⁢ on‌ the sidelines of the 79th united Nations General Assembly (#UNGA79). The event,⁢ co-convened ‍by the Somali government, the African Union,⁤ the ⁢united nations, and the United Kingdom,⁣ focused on financing the African‌ Union ⁣Support Office in Somalia (AUSSOM).

Youssouf lauded‍ Somalia’s recent achievements,highlighting the nation’s progress ⁢in‍ securing debt relief and gaining membership on ‍the UN Security Council.he also acknowledged the considerable ⁣sacrifices made by the⁤ African ⁣Union forces ‌and international partners in ​supporting Somalia’s stabilization⁢ efforts. ⁢

However, the AUC Chairperson cautioned that despite these positive developments, Somalia remains a fragile state. The⁣ persistent ⁤threat posed by the Al-Shabaab ​militant​ group⁢ continues to destabilize⁣ the region, and the country ‍cannot address this challenge independently.

“Despite the remarkable progress,fragility persists,” Youssouf stated. “Somalia cannot⁢ shoulder this burden alone.”

AUSSOM, envisioned as the AU’s final security operation in Somalia and⁢ a crucial step ⁤towards full‍ Somali ownership of it’s security apparatus, requires $196 million ⁤in⁤ funding for 2025. The African Union has demonstrated its commitment ⁣by doubling ⁣its contribution to⁤ the Peace Fund‌ to $20 million. ⁢ Youssouf emphasized that this commitment, however, is insufficient​ without “urgent, predictable,​ and sustainable⁤ financing” from ⁢the international ‍community.

He stressed that AUSSOM represents a pivotal moment ‌- a ⁣bridge to a ​future where Somalia can achieve complete sovereignty,⁤ stability, and prosperity, ending⁢ its reliance ​on external security assistance.

“AUSSOM is not an open-ended mission,” Youssouf affirmed. “With adequate support, it can⁢ close ‌the chapter of⁢ dependency and ⁤usher in a‌ new era…”

The AUC Chairperson called on the United Nations, ⁤the ⁢European Union, and all international partners to ‍match the commitment demonstrated by both the African union and the Somali government, led by President Hassan Sheikh Mohamud, who chaired the​ meeting. He concluded with a powerful plea: ‌”Together, let us ensure that Somalia’s​ future is ​defined by hope,⁤ not relapse.”

The high-level‌ event brought⁤ together ministers from countries contributing troops⁤ to the AU mission and partner nations actively ⁣supporting Somalia’s ongoing stabilization process.

Keywords: ​ Somalia, African Union, AUSSOM, UNGA, UN security Council, Al-Shabaab, Security, Funding, Debt Relief, ⁢Mahmoud Ali Youssouf, Hassan ⁢Sheikh Mohamud, African Union Support Office in Somalia, ⁢Somalia Security, International Aid.

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