Somalia: Poverty Reduction Strategy Paper-Joint Staff Advisory Note

July 31, 2023

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Format: Chicago

Somalia: Poverty Reduction Strategy Paper-Joint Staff Advisory Note, (USA: International Monetary Fund, 2023) accessed November 12, 2024

Summary

This Joint Staff Advisory Note (JSAN) reviews the first Annual Progress Report (APR) on Somalia’s Ninth National Development Plan (NDP9).1 NDP9 is a nationally owned and comprehensive strategy for poverty reduction and inclusive growth. It covers 2020–2024 and is organized around the four pillars: Inclusive Politics, Security and the Rule of Law, Economic Development and Social Development . NDP9 was submitted to the IMF and World Bank on October 15, 2019, to fulfill the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative’s poverty reduction strategy requirement. The first Annual Progress Report (APR) was received by the World Bank and the IMF in June 2022. It describes the progress of the Federal Government of Somali (FGS) in implementing the first year of the NDP9, i.e., in 2020. The government is in the process of preparing the midterm review of NDP9, which will serve as APR for 2021 and 2022.

Subject: Budget planning and preparation, Expenditure, International organization, Monetary policy, Poverty, Poverty reduction strategy, Public financial management (PFM)

Keywords: Advisory note, Budget planning and preparation, Cash transfer program, Copyright page, Feedback to the country, Global, Objective of the JSAN, Poverty reduction strategy

Publication Details

Pages:

18
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2023/287
Stock No:

1SOMEA2023002
ISBN:

9798400251726
ISSN:

1934-7685

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