| Financier | Commitments |
|---|---|
| State and Peace Building Fund | 4.50 |
Somalia PFM Capacity Strengthening Project
Development Objective
The Project Development Objective (PDO) is “to establish systems for more transparent and accountable management and use of public funds in Somalia”.
Key Details
Project Details
P146006
Closed
Winston Cole
Ministry of Finance and Planning
December 4, 2013
(as of board presentation)
December 4, 2013
January 17, 2014
US$ 4.50 million
Public Financial Management Reform Coordinating Unit - Ministry of Finance and Planning
2014
US$ 4.50 million
C
Not Applicable
March 31, 2016
BANK APPROVED
December 16, 2016
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 4.50 |
| Total Project Cost** | 4.50 |
Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025
No data available.
Detailed Financial Activity as of June 30, 2025
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Time taken to publish Annual Financial Statements Value 12.00 3.00 3.00 Date December 31, 2013 March 28, 2016 March 31, 2016 Comment % decrease in difference between budgeted and actual aggregate expenditure Value 70.00 43.00 10.00 Date December 31, 2012 March 28, 2016 March 31, 2016 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Annual Work Plan on track Value 0.00 95.00 90.00 Date December 31, 2013 March 29, 2016 March 31, 2016 Comment Number of PFM accredited staff Value 0.00 37.00 50.00 Date December 31, 2013 March 29, 2016 March 31, 2016 Comment Multi-dimensional chart of accounts produced and used for planning, budget execution, accounting and reporting Value Organization and economic segments only Chart of Accounts (CoA) expanded from two segments Function (program) segment implemented Date December 31, 2013 March 29, 2016 March 31, 2016 Comment Timeliness of bank reconciliation Value 90.00 7.00 7.00 Date December 31, 2013 March 29, 2016 March 31, 2016 Comment Comprehensive Operating Procedures Manual (COPM) Value Inadequate guidelines on PFM business processes PFM Bill endorsed by Council of Ministers on March Comprehensive Operating Procedures Manual (COPM) Date December 31, 2013 March 29, 2016 March 31, 2016 Comment % value of central government budget executed through SFMIS Value 0.00 100.00 100.00 Date December 31, 2013 March 29, 2016 January 31, 2016 Comment Treasury Single Account (TSA) Value No Yes Yes Date December 31, 2013 March 29, 2016 March 31, 2016 Comment Transparency, comprehensiveness and competition in the legal and regulatory framework Value Low public access to complete, reliable and timely Request for Proposals (RFPs) posted on government Simplified procurement processed adopted Date December 31, 2013 March 29, 2016 March 31, 2016 Comment Time taken to publish quarterly unaudited reports Value 90.00 7.00 7.00 Date December 31, 2013 March 29, 2016 March 31, 2016 Comment