Somalia rebuilding to cost $2 bn: UN panel
A UN expert has worked out a $2 billion rebuilding plan for Somalia beset for more than 16 years with violence and chaos.
A report by UN Humanitarian Assistance in Somalia Coordinator Eric Laroche indicates that at least $1 billion will be needed for programmes to reduce poverty level in the country.
The final figure includes $666 million for social services and $462 million for security and governorship.
Laroche hoped international donors would provide the required funds to rescue Somalia from misgovernance since President Mohammed Siad Barre was overthrown in 1991.
Experts from more than 60 NGOs and international aid groups are trying to evolve strategies to place Somalia on the way of recovery, reconstruction and development, he said.