You are here

2013-2015 - Somalia - Addendum to Country Brief

23-Dec-2013

The Somalia Country Brief (CB) 2013-2015 was approved by the Boards of Directors in April 2013 (ADB/BD/WP/2013/24 – ADF/BD/WP/2013/18). The CB lays out the Bank’s scaled up programme of reengagement, through the Somalia Enhanced Programme (SEP). The Boards welcomed the Bank’s proactivity and positioning in strategic areas of interventions to support the process of recovery in Somalia1 . The Boards specifically approved: (i) “the strategic and operational activities… under the Bank Group Somalia Enhanced Programme”, and (ii) “the exceptional use of Bank Group internal resources in line with the existing policy guidelines, to be utilized as seed money to mobilize additional funds from development partners for cofinancing or parallel financing”.

Related Sections