| Financier | Commitments |
|---|---|
| Somalia Multi-Partner Fund | 4.00 |
| IDA Grant | 65.00 |
Second Additional Financing for Somalia Recurrent Cost and Reform Financing Phase III
Abstract*
The project supports Somalia’s efforts toward a more resilient, inclusive and stable socio-economic environment. Building on the results and lessons learned from the previous phases, the proposed AF approach is to support a gradual transition from an “input-based” to “performance-based” financing to: (i) deepen fiscal sustainability reforms; (ii) increase the focus on wage bill sustainability at both the federal and sub-national levels; (iii) enhance... Show More
Development Objective
To support the Federal Government of Somalia and Eligible Federal Member States to strengthen resource management systems, the inter-governmental fiscal framework, and service delivery systems in health and education.
Key Details
Project Details
P181407
Active
Alma Nurshaikhova , Jana Kunicova
Federal Republic of Somalia
February 21, 2024
(as of board presentation)
May 21, 2024
N/A
US$ 65.00 million
Federal Member state Puntland,Ministry of Finance, Federal Government of Somalia,Federal Member State Southwest,Federal Member State Hirshabelle,Federal Member State Jubaland,Federal Member State Galmudug
2024
US$ 69.00 million
N/A
N/A
December 31, 2026
Yes
BANK APPROVED
July 14, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 65.00 |
| IBRD + IDA Commitment | 65.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 4.00 |
| Total Project Cost** | 65.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Results Framework
No data available.