Somalia - Institutional Support for Economic Governance Project (ISEGP)

The proposed intervention is part of the Bank Group’s continuous engagement to mitigate risks and build resilience in transition countries. The project will help to strengthen domestic revenue mobilization, public expenditure management, and accountability for greater economic resilience. It will provide technical assistance, staff training and mentoring. The ultimate result is increased resources available to finance the provision of public goods and services, investments in development programs, enabling recovery and relieving poverty. By enhancing debt management and strengthening the accountability and scrutiny functions, the FGS should expect to achieve greater spending efficiency as well as improved quality of service delivery. The project design covers three components: (i) enhancing domestic resource mobilization; (ii) improving public expenditure and debt management; and (iii) Strengthening capacity for project management.