Somalia 'New Deal': EU pledge at Brussels conference
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Published on 20 September 2013

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Donors have pledged 1.8bn euros ($2.4bn; £1.5bn) at a conference in Brussels to help Somalia end more than two decades of conflict.

The money is part of a "New Deal" for what is widely regarded as a failed state, officials said

The EU and Somali government believe now is a good time to adopt the programme as the country has entered a new era, with a more legitimate government and progress on the security front.

 

The New Deal focuses on peace and state-building. 

BBC News