Second Somalia Economic Resilience Development Policy Financing

Abstract*

The Federal Government of Somalia (FGS) was established in 2012 and has implemented important state- and institution-building reforms. Limited state presence and insecurity have weakened the effectiveness of reforms. Furthermore, an unfinished political settlement regarding resource distribution and functional responsibilities among the FGS, the Federal Member States (FMSs), and local authorities has exacerbated this issue. Institutional capacity... Show More

Development Objective

To help Somalia promote economic resilience through more sustainable public finances and resilient private sector development.

Key Details

Project Details

Project ID
P506857
Status
Active
Team Leader
Stella Ilieva , Alma Nurshaikhova
Borrower 2
Federal Republic of Somalia

Country
Somalia, Federal Republic of
Disclosure Date
April 15, 2025
Approval Date
(as of board presentation)
August 7, 2025
Effective Date
N/A

Total Project Cost 1
US$ 0.00 million
Implementing Agency
Ministry of Finance
Region
Eastern and Southern Africa
Fiscal Year 3
2026

Commitment Amount
US$ 125.00 million
Environmental Category
N/A
Environmental and Social Risk
Not Applicable
Closing Date
December 31, 2026

Last Stage Reached
BANK APPROVED
Last Update Date
August 7, 2025

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

No data available.

Themes

Digital Transformation

Broadband ConnectivityNo value for percent

Disaster Risk Management

Disaster Risk ReductionNo value for percent

Economic Policy

Economic GrowthNo value for percent
- Blue GrowthNo value for percent
- Economic DiversificationNo value for percent
- Green and Resilient GrowthNo value for percent
- Inclusive GrowthNo value for percent
- Structural Transformation and ReformNo value for percent
Fiscal PolicyNo value for percent
- Debt ManagementNo value for percent
- Fiscal SustainabilityNo value for percent
- Public Expenditure PolicyNo value for percent
- Tax policyNo value for percent

Environment, Infrastructure, and Natural Resource Management

Climate ChangeNo value for percent
- AdaptationNo value for percent
Climate-Smart AgricultureNo value for percent
Energy and Mineral ResourcesNo value for percent
- Energy Access-ElectricityNo value for percent
Nationally Determined Contributions (NDCs) and Long-Term Strategies (LTSs) for Low Emissions and ResNo value for percent
- Nationally Determined Contribution (NDC) ImplementationNo value for percent

Finance

Develop Financial MarketsNo value for percent
- Climate Change and Sustainable FinanceNo value for percent
Finance for the Poor and VulnerableNo value for percent
- Financial InclusionNo value for percent
Strengthen Financial ResiliencyNo value for percent
- Climate and Disaster Risk FinanceNo value for percent

Gender

Human Capital to Advance Gender EqualityNo value for percent

Governance and Public Sector Management

GovTechNo value for percent
- Public Service DeliveryNo value for percent
Public Finance ManagementNo value for percent

Jobs

Job creationNo value for percent

Private Sector Development

Enterprise and Sector DevelopmentNo value for percent
Regional IntegrationNo value for percent

Social Sustainability

Social Inclusion Policy and ProgramsNo value for percent
Social Resilience Policy and ProgramsNo value for percent

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Grant	125.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	125.00
IBRD + IDA Commitment	125.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	N/A

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

No data available.

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.

Second Somalia Economic Resilience Development Policy Financing

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

Detailed Financial Activity as of July 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework