π Tender Overview
IATI identifier 46002-P-SO-K00-007
Country Somalia
Sector Multi-Sector
High 5 Improve Life of People in Africa
Sovereign / Non-Sovereign Sovereign
Environmental Category [3] Low Risk
Climate Safeguards Categorization [3] Projects are not vulnerable to climate risk.
Gender Marker System Categorization [GEN III] Gender Outputs
Commitment (UA) 1,000,000
Project General Description
The Enhancing Financial and Fiscal Ecosystem β at subnational level (EFFE) Project is aligned with the Bankβs Somalia Interim Country Strategy Paper (I-CSP, 2022-2024) and other Bank Groupβs strategies. It is aligned with the I-CSP (2022-2024) Priority Area 2 (Capacity building for a stronger state and inclusive economy), and the Bankβs Strategy for Economic Governance in Africa (SEGA, 2021-2025) Pillar I (Public Sector Effectiveness at the National and Subnational Levels, with special emphasis on domestic resource mobilization, and public expenditure management). The estimated total project cost is UA 1,000,000 to be funded under the TSF Pillar III resources. The Project duration shall be Thirty sixth (36) months.
Project Objectives
The project development objective is to strengthen state and local government Public Financial Management (PFM) capacity for managing local revenues and auditing public resources. State and local revenue mobilization and ensuring accountability of public finances are crucial pathways to building peace and stability and addressing fragility, restores state-society trust relationships, social cohesion, and community resilience.
Beneficiaries
Direct project beneficiaries are the following State and Local governments Departments: Assets Department; Customs and Taxation; Internal Audit); Information Communications Technology (ICT) department, OAG, Business Licensing and Registration. This will be mainly through technical assistance, training, automation and digital solutions. In addition, the project will benefit the population of the target local governments and general population of Jubbaland and Southwest states. The ultimate outcome is to contribute to Somaliaβs economic resilience by strengthening institutional capacity in the collection and use of public resources to enable Somalia to improve its governance indicators which will help reduce fragility.