- The country’s economic base continues to be narrow with the majority of people depending on livestock and fisheries.
- The small tax base and weak public financial management continue to cause serious constraints on the government budget, thus leaving the country almost totally dependent on foreign assistance and remittances.
- While the main obstacles to commerce, investment, and government revenue collection continue to be a lack of peace and security, the Somali National Army (SNA) has had success in recovering many areas that were under Al-Shabaab’s control.
|P-SO-IE0-003|| SOCIO-ECONOMIC RE-INTEGRATION OF YOUTH A ||ApprovedAPVD|
|P-SO-EAZ-001|| BUILDING RESILIENCE TO WATER STRESS IN SOMALILAND –BOOSTING INVESTMENTS FOR DEVELOPMENT OF WATER R ||OngoingOnGo|
The AfDB Group in East Africa (4.3 MB)
2013-2015 - Somalia - Country Brief (0.9 MB)