Somalia Re-engagement and Reform Supplemental Development Policy Financing

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The development objectives of Re-engagement and Reform Supplemental Development Policy Financing (DPF) facilitate Somalia's full reengagement with the World Bank Group and support Somalia’s economic recovery through policy reforms that strengthen fiscal management and promote inclusive private sector-led growth. The objectives of the DPF are to facilitate full normalization of relations with the World Bank Group (WBG) and support Somalia’s economic recovery through policy reforms that strengthen fiscal management and promote inclusive private sector-led growth. The supplemental financing proposed aims to mitigate the effects of the global coronavirus disease (COVID-19) crisis on the reform program supported by the DPF. New swarms of locusts are now hatching and threaten agricultural production and rural livelihoods. These developments threaten to derail Somalia’s reform program and its emergence from fragility.