IMF Staff Country Reports

Somalia: Poverty Reduction Strategy Paper-Joint Staff Advisory Note

December 21, 2023

Download PDF Order a Print Copy
Order a Print Copy

Preview Citation

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 mid-term review report(MTR) of Somalia’s Ninth National Development Plan (NDP9).1 NDP9 is a nationallyowned and comprehensive strategy for poverty reduction and inclusive growth. It covers2020–2024 and is organized around the four pillars: Inclusive Politics, Security and theRule of Law, Economic Development, and Social Development. NDP9 was submitted tothe IMF and World Bank on October 15, 2019, to fulfill the Enhanced Heavily IndebtedPoor Countries (HIPC) Initiative’s poverty reduction strategy requirement. The firstAnnual Progress Report (APR) was received by the World Bank and the IMF in June 2022,and a JSAN was prepared and submitted to the Boards in July 2023. The MTR tracksprogress of the first 30 months of NDP9 implementation and serves as APR for 2021 and2022. The MTR also identifies the gaps, challenges, and lessons learned, and makespractical recommendations for improvement in the implementation of NDP9’s finalphase from 2023 to 2024.

Subject: International organization, Monetary policy, Poverty, Poverty reduction strategy, Public financial management (PFM), Revenue administration

Keywords: Copyright page, Global, Government program, Member country's Poverty Reduction Strategy Paper, Objective of the JSAN, Poverty reduction strategy, Poverty Reduction Strategy Paper to the executive boards

Publication Details

  • Pages:

    17

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/441

  • Stock No:

    1SOMEA2023006

  • ISBN:

    9798400264702

  • ISSN:

    1934-7685

You May Also Be Interested In...

Central Bank Digital Currency: Progress And Further Considerations

November 8, 2024

Republic of Tajikistan: Technical Assistance Report-Public Investment Management Assessment with the Climate Module

November 8, 2024

Colombia: Technical Assistance Report-Report on the Mineral Asset Accounts and Carbon Footprints Mission (May 20–24, 2024)

November 8, 2024

Republic Of Tajikistan: Fiscal Risk Management and Transparency of State-Owned Enterprises

November 8, 2024