Domestic Revenue Mobilization and Public Financial Management Capacity Strengthening Project (WB-P166206)

Countries
  • Somalia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 25, 2018
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Somalia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 30.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Feb 14, 2019

Disclosed by Bank Jul 30, 2018

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The objective of the project is to establish and strengthen institutional capacity for the management of public funds in Central Finance Agencies and targeted sectors. The project has 4 components:

  1. Strengthening Tax Policy and Inland Revenue Administration Systems
  2. Strengthening Systems for the Public Funds Management Transparency and Accountability
  3. Rapid Response Facility
  4. Public financial management reform oversight, coordination and management

The proposed AF and restructuring entail the following changes:

a. Modification of the objective to reflect the expanded scope of the project and new emphasis on DRM;

b. Introduction of a new US$12.3 million component to scale up project activities aimed at strengthening tax policy and inland revenue administration, which is potentially a ‘game changer’ as inland revenue, which has great revenue generation potential, has little support if at all;

c. Consolidation of the PFM related activities into one component of US$12.7 million;

d. An additional allocation of US$3.0 million to extend project management and coordination support in accordance with the new AF activities and extended timeline;

e. Redesigning the Just-in-Time (JIT) Bank Executed support (Component 6) into Rapid Response Facility (RRF) US$2.0 million;

f. Adjustments to the Results Framework and Monitoring to reflect the changes in the project’s design; and

g. Extension of the project closing date from June 2020 to June 2022 to allow for successful implementation of the project’s original and new activities.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank:
Sher Shah Khan
Senior Public Sector Specialist

Frederick Yankey
Sr Financial Management Specialist

Borrower:
Federal Republic of Somalia
H.E. Abdirahman Duale Beileh
Minister of Finance, Federal Government
abdirahmanbeileh010114@gmail.com

Implementing Agencies:
Ministry of Finance, Puntland
H.E. Abdullahi Said Arshe
Minister of Finance, Puntland
arshe@mof.plstate.so

Ministry of Finance of Somaliland Hargeisa
H.E. Yousuf Mohamed Abdi
Minister of Finance Development, Somaliland
m.mdof@somalilandgov.com

Ministry of Finance Federal Government
H.E. Abdirahman Duale Beileh
Minister of Finance
abdirahmanbeileh010114@gmail.com

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

How it works

How it works