Development cooperation , 02.12.2015

Multi-Partner Fund for Somalia (MPF)

Description

World Bank's Multi-Partner Fund (MPF) supports Somalia's stabilization and peacebuilding by strengthening Somalia's governance and the management of the state's revenues (including taxation), as well as by reviving the country's economy and the private sector, to allow increased state revenues through taxation and to provide resources for extended and improved public services. In the project level, the funded projects focus around four thematic priority areas, which include government's key functions; productive sectors and employment; infrastructure development; as well as management of natural resources and resilience. For example, the Fund can support the payment of Somalia's government officials' salaries and improve the public financial management systems; boost the productivity and the value chains of potential productive sectors and improve youth employment (allowing also greater tax revenues); improve the infrastructure, and therefroe improve the productivity, among else, in the energy sector; and strengthen the resilience of selected groups and professions, such as cattle herders/pastoralists. The Fund also supports one of Finland's priority sectors, the Health sector, by strengthening health governance's salary payment and financial management systems, as well as by supporting the governance capacity in the sector. The Fund operates in close partnership with the Federal Government of Somalia, as well as with the donors and international agencies through the New Deal framework, and through its aid infrastructure Somalia Development and Reconstruction Facility (SDRF), offering peace and statebuilding support to the Somali transition process. Finland, together with other international partners, has committed itself to work increasingly through the New Deal structures. Finland supports the MPF over the period of 2016-2019 with 4MEUR, which is disbursed as follows: 2016: 2MEUR, 2018: 1MEUR, 2019: 1MEUR.

Funding decision  02.12.2015

4 000 000 €

Objectives monitored by OECD's Development Assistance Committee

  • Participatory development/Good governance

Field of activity

  • Public sector policy and administrative management 100%

Special target group

  • women
  • girls
  • children
  • youth

Funding channel

Maailmanpankkiryhmä

Contact

ali-20

Code for the object of funding

27311719

ID

UHA2014-008720

Modified

23.12.2016