Keeping the Lifeline Open: Remittances and markets in Somalia

Abstract

This briefing paper investigates the obstacles facing the free and secure flow of remittances from the United States to Somalia. Banks in the US perceive Somalia as a risky destination for money transfers. Many banks have closed money transfer operator (MTO) accounts, disrupting remittances from the US to Somalia. Further bank account closures could result in a remittance cutoff, which could endanger Somali lives and interrupt economic development in the country.

Qoraalkani wuxuu baarayaa caqabadaha hortaagan xawaaladaha ay Soomaaliya uga yimaadaan xagga Mareykanka. Bankiyada Mareykanku waxay aaminsanyihiin in lacagta xawaaladdu ay ku socoto meelo khatar ah. Sidaa darteed bankiyo badan ayaa joojiyay xawaaladaha ay Soomaaliya uga yimaadaan xagga Mareykanka. Taasina waxay saamayn xoog leh ku yeelan kartaa nolosha soomaalida, waxayna hakinaysaa horumarka dhaqaale ee dalka.

Questo documento analizza gli ostacoli al flusso libero e sicuro delle rimesse dagli Stati Uniti in Somalia. Le banche negli Stati Uniti percepiscono la Somalia come destinazione rischiosa per i trasferimenti di denaro. Molte banche hanno difatto interrotto le rimesse dagli USA in Somalia, ciò potrebbe avere pesanti ripercussioni sulla vita dei somali e interrompere lo sviluppo economico del paese.