The Somalia Enhancing Public Resource Management Project aims to strengthen accountability, transparency, and institutional capacity in public resource management across various participating entities. The project focuses on enhancing public financial management (PFM) and domestic revenue mobilization (DRM), recognizing the critical interlink between these areas. By improving budget credibility, the project seeks to establish a robust framework for effective governance reforms that can lead to sustainable improvements in public sector performance. With a total project cost of US$ 75.00 million, the initiative is being implemented by the Federal Ministry of Finance in Somalia. The project is currently active and is expected to close by December 31, 2027. It includes consultant services and aims to operationalize a legal and regulatory framework for public finance, thereby enhancing the overall efficiency and effectiveness of public resource management in the region.
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