Ser Dpf2

The Second Somalia Economic Resilience Development Policy Financing aims to enhance economic resilience in Somalia by promoting sustainable public finances and fostering private sector development.

The project is a response to the challenges posed by limited state presence and insecurity, which have hindered effective reforms and resource distribution among various governmental levels.

By addressing these issues, the initiative seeks to strengthen institutional capacity and support economic growth in the region.

With a total project cost of US$ 125.00 million, the financing will be managed by the Ministry of Finance.

The project is currently active and is set to close on December 31, 2026.

It is part of a broader effort to improve governance, economic policy, and digital transformation within Somalia, ultimately contributing to a more resilient economy.