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The agriculture sector experienced near total collapse with crop failures, a widespread shortage of water and pasture; and increased livestock mortality. Economic activity is mainly anchored in agriculture and the services sector. Across both areas, the CPF aims to ensure gender equality and equity, the inclusion of marginalized groups, and will seek to address fragility by building resilience across all sectors. More than half of the population lives in poverty and a large proportion is sensitive to negative shocks. The current MPF portfolio focuses on core state functions, socio-economic recovery and urban development in Somalia. The program will continue to adapt flexibly in terms of sector and geography, as well as engagement modality, depending on security, governance and political conditions.

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Joint Implementation Plans across the Bank, focusing particularly on the role of the private sector via International Finance Corporation, will deliver comprehensively to the client.

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Jennifer. Age: 20.
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The World Bank is supporting the Ministry of Finance in facilitating policy dialogues to strengthen transparency and accountability in the areas of strategic public procurement, concessions, asset recovery and other selected areas of financial governance. The program will continue to adapt flexibly in terms of sector and geography, as well as engagement modality, depending on security, governance and political conditions. The CPF aims to translate political and institutional gains into tangible improvements in the lives of people. Weak expenditure controls result into ad hoc cash rationing to ensure balanced budget and zero accumulation of arrears hence, affecting overall budget execution. Projects on private and financial sector development, and remittances are helping to build systems for improving access to finance — a key constraint to growth. In parallel to process and systems reform, the MPF is engaging with the government to support the development of a professional and sustainable civil service.

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