Somalia

17-Jan-2020

Somalia - Socio-Economic Reintegration of Ex-Combatants and At-Risk Youth in Somalia (SRECYAR) - Project Completion Report

Somalia’s protracted conflict has adversely impacted on state institutions, human capital and the overall development of the country. The instability has led to high levels of poverty, social exclusion, weak institutions, governance systems, absence of law and order, poor access to basic services, high unemployment and insecurity largely driven by militancy. UN estimates suggest that about 70% of Somalia’s population is under 30 years of age and unemployment stands at 54% for persons between 15-64 years and as high as 67% for youth aged 14-29 years. High levels of youth unemployment has...
17-Jan-2020

Somaliland - Monthly Consumer Price Index - December 2019

This publication provides monthly Consumer Price Indices of Somaliland composite which is based on two main market baskets of Hargeisa urban households that was further sampled into 110 outlets. However, the current Consumer Price Index was constructed the results of the 2012 Somaliland Household budget survey (SHS). During the exercise, markets were combined into the Index. Only the household final consumption expenditure data for the Hargeisa domain were analyzed and used to compute the Somaliland CPI weights. The CPI is now classified as an international standard, referring to:...
15-Jan-2020

Somalia - Consumer Price Index - December 2019

The All Groups CPI was 114.64 in the month of December 2019, compared with 116.10 in the month of November 2019. The monthly change, December 2019 compared to November 2019, was a decrease of -1.27 percent. This is compared to a monthly decrease of -0.12 percent in the previous month of November 2019. There were no significant monthly price increases during the month of December. Over the twelve months to the month of December 2019 (inflation rate), the All Groups CPI decreased to 3.13 percent, compared with 3.81 percent over the twelve months to the month of November 2019  
15-Jan-2020

EOI - Somalia - Provision of innovative strategic communications and public relations services to the Federal Government of Somalia Ministry of Finance - SIEPMID

The Federal Republic of Somalia through the Ministry of Finance has received financing from the African Development Bank towards the cost of Strengthening Institution for Economic Policy Management and Infrastructure Development Project ( SIEPMID ) and intends to apply part of the grant amount to finance the service contracts of consulting firms responsible for Provision of innovative strategic communications and public relations services to the Federal Government of Somalia Ministry of Finance.
14-Jan-2020

EOI - Somalia - Chief Project Coordination Officer (CPCO) - IFSG

The Ministry of Finance of the Federal Republic of Somalia has received financing from the African Development Bank toward the cost of the Institutional Support and Financial Governance Project, and intends to apply part of the agreed amount for this grant to payments under the contract for Strengthening capacity of the Office of Minister. The overall purpose of the project is to improve financial and economic governance in Somalia, as a foundation for overall good governance, economic development and political stability. The project’s components include : (i) Support to Financial Governance...
14-Jan-2020

EOI - Somalia - Chief Policy Coordination Officer - IFSG

The Ministry of Finance of the Federal Republic of Somalia has received financing from the African Development Bank toward the cost of Institutional Support and Financial Governance Project, and intends to apply part of the agreed amount for this grant to payments under the contract for Strengthening capacity of the Office of the Minister. The overall purpose of the project is to improve financial and economic governance in Somalia, as a foundation for overall good governance, economic development and political stability. The project’s components include : (i) Support to Financial Governance...
10-Jan-2020

EOI - Somalia - Financial Analyst for the Economic Strategic Unit - SIEPMID

The Federal Republic of Somalia has received financing from the African Development Bank toward the cost of STRENGTHENING INSTITUTIONS FOR ECONOMIC POLICY MANAGEMENT AND INFRASTRUCTURE DEVELOPMENT PROJECT (SIEPMID), and intends to apply part of the agreed amount for this grant to payments under the contract for the Financial Analyst of the Strategic Economic Unit for Institutional Capacity Strengthening for Improved Economic Policy Analysis, Implementation and Coordination. 
10-Jan-2020

EOI - Somalia - Economist for the Economic Strategic Unit - SIEPMID

The Federal Republic of Somalia has received financing from the African Development Bank toward the cost of STRENGTHENING INSTITUTIONS FOR ECONOMIC POLICY MANAGEMENT AND INFRASTRUCTURE DEVELOPMENT PROJECT (SIEPMID), and intends to apply part of the agreed amount for this grant to payments under the contract for the Economist of the Strategic Economic Unit for Institutional Capacity Strengthening for Improved Economic Policy Analysis, Implementation and Coordination. 
08-Jan-2020

AMI - Somalia - Strengthening Institution for Economic Policy Management and Infrastructure Development Project (SIEPMID)

The Federal Republic of Somalia through the Ministry of Finance has received financing from the African Development Bank towards the cost of Strengthening Institution for Economic Policy Management and Infrastructure Development Project (SIEPMID) and intends to apply part of the grant amount to payments under the contract for Consultant’s Services to Conduct Economic Statistics Data Collection, Analysis, Production of Consumer Price Index (CPI) and Capacity Building of  the Directorate of National Statistics (DNS) and Statistical Departments in Federal Member States (FMS)  
20-Dec-2019

Somaliland - Monthly Consumer Price Index - November 2019

This publication provides monthly Consumer Price Indices of Somaliland composite which is based on two main market baskets of Hargeisa urban households that was further sampled into 110 outlets. However, the current Consumer Price Index was constructed the results of the 2012 Somaliland Household budget survey (SHS). During the exercise, markets were combined into the Index. Only the household final consumption expenditure data for the Hargeisa domain were analyzed and used to compute the Somaliland CPI weights. The CPI is now classified as an...
20-Dec-2019

Somalia - Consumer Price Index - November 2019

This publication provides monthly Consumer Price Indices of Somaliland composite which is based on two main market baskets of Hargeisa urban households that was further sampled into 110 outlets. However, the current Consumer Price Index was constructed the results of the 2012 Somaliland Household budget survey (SHS). During the exercise, markets were combined into the Index. Only the household final consumption expenditure data for the Hargeisa domain were analyzed and used to compute the Somaliland CPI weights. The CPI is now classified as an...
03-Dec-2019

Somalia - Consumer Price Index - October 2019

The All Groups CPI was 116.25 in the month of October 2019, compared with 116.07 in the month of September 2019. The monthly change, October 2019 compared to September 2019, was a decrease of 0.15 percent. This is compared to a monthly increase of 0.57 percent in the previous month of September 2019. The most significant monthly price increases were Transport (+2.11%). Most of the upwards contribution came from prices of Fuel and lubricants. (+9.01%) (Chart 2). Over the twelve months to the month of October 2019 (inflation rate), the All Groups CPI decreased to 4.15 percent, compared with 5....
02-Dec-2019

Somaliland - Monthly Consumer Price Index - October 2019

The Annual Food Crops Inflation increased 10.9 percent for the year ending October 2019 compared to 10.5 percent recorded during the year ended September 2019. The drivers of changes were Mangoes, avocado pea increase to 8.5 percent for the year ending October 2019 compared to 7.1 percent registered the year ending September 2019. Melon inflation registered an increase 27.6 percent for the year ending October 2019 compared to the 26.7 percent recorded for the year ended September 2019.Similarly, Garlic (Toon) inflation increased 18.4 percent for the ending year ending October 2019 compared to...
04-Nov-2019

Horn of Africa countries launch regional initiative as peace dividend beckons, $15 billion investment on the cards

Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region. The initiative was formalized on 18 October, on the sidelines of the World Bank Group/IMF Annual Meetings in Washington DC. The countries agreed on priority projects and programs that will constitute the initiative, which is being developed by the countries with support from the African Development Bank, the European Union and the World Bank. The effort will culminate in a financing forum next year to seek investors to realize a package...
18-Oct-2019

GPN - Somalia - Somalia Road Infrastructure Programme

The Federal Government of Somalia has received a grant from the African Development Fund to finance the Somalia Road Infrastructure Programme. The principal objectives of this project are to: The project’s overall development objective is to support and improve Somalia’s economic growth by providing enhanced transport facilities that are reliable and cost effective, with a view to improving accessibility to services and transportation of persons and goods which will support economic and social development, as well as improving the stability of the country.
16-Oct-2019

Somaliland - Monthly Consumer Price Index - September 2019

The Annual Headline Inflation for the year ending of September 2019 constant 4.0 percent compared to the 4.0 percent recorded for the year ended August 2019. The Annual Food Crops Inflation increase 10.6 percent for the year ending September 2019 compared to 8.6 percent recorded for the year ended August 2019.The drivers of changes were Tangerines an increase to 2.7 percent for the year ending September 2019 compared to 1.7 percent registered for the year ending August 2019.
16-Oct-2019

Somalia - Consumer Price Index - September 2019

The All Groups CPI was 116.07 in the month of September 2019, compared with 115.41 in the month of August 2019. The monthly change, September 2019 compared to August 2019, was an increase of 0.57 percent. This is compared to a monthly decrease of -0.81 percent in the previous month of August 2019. There were no significant monthly price increases during the month of September. Over the twelve months to the month of September 2019 (inflation rate), the All Groups CPI decreased 5.17 percent, compared with 5.80 percent over the twelve months to the month of August 2019.
24-Sep-2019

Multinational - Say No to Famine: Short-Term Regional Emergency Response Project (STRERP)

The project’s direct food, water, fodder and medical assistance will provide relief to meet the immediate hunger and malnutrition needs faced by affected communities. It will also provide food for more ablebodied members of beneficiary households to engage in restoration and creation of community assets that will assist the targeted communities enhance livelihoods, build resilience against future shocks. Various training programs will empower the vulnerable households and communities to increase knowledge on health, hygiene/WASH and nutrition, food security and livelihoods, entrepreneurship...
24-Sep-2019

Somalia - Consumer Price Index - August 2019

The All Groups CPI was 115.41 in the month of August 2019, compared with 116.36 in the month of July 2019. The monthly change, August 2019 compared to July 2019, was a decrease of -0.81 percent. This is compared to a monthly decrease of -0.55 percent in the previous month of July 2019. The most significant monthly price increases were Tobacco & Narcotics and Transport (+4.24%) and (+2.76) respectively. For transport, it was mainly due to increases in prices for air tickets during Hajj season. Most of the upwards contribution came from prices of Passenger transport by air. (+12.56%) (Chart...
24-Sep-2019

Somaliland - Monthly Consumer Price Index - August 2019

The Annual Food Crops Inflation decrease 8.6 percent for the year ending August 2019 compared to 9.2 percent in August 2018. The drivers of changes were Manderine a decrease to 7.8 percent for the year ending August 2019 compared to 10.6 percent registered similar month previous year. Apples inflation registered a decrease minus 10.1 percent for the year ending August 2019 compared to the 7.3 percent recorded to the corresponded similar month previous year .Similarly, Guavas inflation a decrease (20.5) percent for the ending year ending August 2019 compared (15.4) percent to corresponding...