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Voluntary contribution to the International Monetary Fund for support to Somalia Country Fund for Capacity Development in Macroeconomic Policies and Statistics - Phase II (FY2021-2024).

Somalia

Status

Completion

Aid type

Contributions to specific-purpose programmes and funds managed by implementing partners

Somalia


Location

-

€ 700,000
Committed
€ 700,000
Used

Description

The overall objective of the programme is to strengthen Somalia's capacity to implement sound macroeconomic policies and to help the country to reduce its debt in the context of of the HIPC initiative. read more close

Year Committed Used
2020 € 700,000 € 700,000

Agency

Type Name Channel code
Government AICS - Italian Agency for Cooperation and Development 43000

Channel reported

Type Name Channel code
Multilateral IMF - FONDO MONETARIO INTERNAZIONALE 43000

Project data

  • IATI IDXM-DAC-6-4-012094-01-4
  • CRS Activity identifier2020000110
  • Expected start date 2020/04/01
  • Completion date 2023/04/01
  • Finance type Standard grant
  • Flow type ODA
  • Bi/Multilateral Bilateral
  • Status Completion
  • Tied status Untied

Sectors

  • 15111 - Public finance management (PFM) 100%

Policy markers

  • Gender Equality not targeted
  • Disaster Risk Reduction (DRR) not targeted
  • Disability not targeted
  • Nutrition not targeted
  • Aid to Environment not targeted
  • Participatory Development/Good Governance principal objective
  • Trade Development not targeted
  • Aid Targeting the Objectives of the Convention on Biological Diversity not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation not targeted
  • Aid Targeting the Objectives of the Convention to Combat Desertification not targeted
  • Reproductive, Maternal, Newborn and Child Health (RMNCH) not targeted

Goals

  • 10.6 - Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutions
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