Collection of Policy Notes for the New Somali Government : Unlocking Somalia’s Potential to Stabilize, Grow and Prosper

The arrival of a new government provides an opportunity to reinvigorate the reform agenda to deliver inclusive growth for the Somali people. Since the establishment of the Provisional Constitution in 2012, Somalia has made commendable progress on m...

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Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC : World Bank 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099500006282221939/P1775040e575fc036094170aca16ab29e5f
http://hdl.handle.net/10986/37709
Description
Summary:The arrival of a new government provides an opportunity to reinvigorate the reform agenda to deliver inclusive growth for the Somali people. Since the establishment of the Provisional Constitution in 2012, Somalia has made commendable progress on many fronts. Macroeconomic stability has been maintained, high levels of indebtedness are being addressed through the Heavily Indebted Poor Countries (HIPC) initiative, several sector laws and institutions have been established, and a poverty reduction strategy paper has been developed – the ninth National Development Plan (NDP9). However, much remains to be done and the time has come to mark the next milestone in Somalia’s development trajectory through advancing reforms anchored in the HIPC process. The objective of the collection of policy notes is to provide sector-specific policy advice for the leadership of the new government, drawing on the expertise of the World Bank Group. This overview chapter synthesizes the advice across the sector policy notes and is organized in four sections. The first section outlines the current context. The second section presents the framework for organizing the policy notes. The third section summarizes the advice, and the fourth section concludes.