Somalia Country Fund For Capacity Development in Macroeconomic Policies and Statistics - Phase II

About this project

Contract related to: Somalia Country Fund For Capacity Development in Macroeconomic Policies and Statistics - Phase II - This Action aims to address some of the key economic and financial governance issues that are constraining faster economic development in Somalia. The intervention encompasses two broad strategies, the first one being to strengthen financial accountability and countering endemic corruption, as a way to improve Somali citizens¿ trust in the new state structures (both at federal and state levels), and the second strategy aims to improve Somalia (and Somaliland) investment climate and business environment and integration in the international financial system. (Priority Area 2 of the MIP).

Goals

Sustainable Development Goals this project works towards

• 5Gender Equality
• 8Decent Work and Economic Growth
• 16Peace, Justice and Strong Institutions

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Countries

Somalia

Sectors

Public finance management (PFM)Macroeconomic policyDomestic revenue mobilisation

Focus

Desertification · Also contributesBiodiversity · Also contributesClimate mitigation · Also contributesClimate adaptation · Main focusGood governance · Main focusGender equality · Also contributesEnvironment · Main focus

Places

SO - 419705-2, SO - Mogadishu

Funded by

European Commission

Implemented by

INTERNATIONAL MONETARY FUND ONETAIRE INTERNATIONAL

Accountable

IMF-EPCA-ENDA

Passes funds through

Directorate-General for International Partnerships

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2023-PC-18948.

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