Education and Health for Women and Youth Empowerment
The National Economic Council (NEC) commissioned a study on Somalia’s social sector to inform GETS’vision
Trade and Infrastructure in Somalia
Somalia is considered to have one of the poorest economies in the world primarily because of its failed statehood, fragile government, weakened institutions, infrastructure deficit, and unbalanced trade. These issues have been exacerbated by many decades of armed conflict, natural disasters, disease outbreaks, famine, underutilized human capital, fragmented donor resources, and untapped and natural resource. …
Access to Finance and Financial Inclusion in Somalia
This policy brief summarizes the assessment, findings and recommendations of a study conducted by the National Economic Council (NEC) Advisors, and associated scholar
Domestic Revenue Mobilization and Institutional Development
Somalia’s domestic Revenue Mobilization (DRM) strategy intends to mobilize domestic resources to finance inclusive growth and sustainable development as defined in the Somali Growth and Economic Transformation Strategy – Vision 2050. It seeks a sustainable and inclusive growth strategy in resource mobilization to guard against national vulnerability, and the unpredictability of donor funding. In addition, …
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Macroeconomic Policies for Growth & Transformation in Somalia
The study is part of a comprehensive research program for Growth and Economic Transformation Strategy (GETS) in Somalia
Policy Brief on COVID 19 impact
Somalia has faced severe challenges of conflict and fragility, characterized by economic failure and social and political instability. Somalia is one of the poorest countries in the world, with high rates of extreme poverty, continuous food insecurity, significant unemployment, and poor global econom0ic performance across SDGs indicators. The country’s GDP growth rate was 2% in …
The 5th National Economic Policy Forum Report
The National Economic Council (NEC) of Somalia held a high-level National Economic Policy Forum on the 20th and 21st of June 2022 in Mogadishu, Somalia. This year’s National Economic Policy Forum focused on the “Growth and Economic Transformation Strategy (GETS)”, an ambitions strategy based on a new vision for Somalia with the aspiration to rebuild …
Outcomes of the 5th National Economic Policy Forum on Growth and Economic Transformation Strategy (GETS)
The National Economic Council (NEC) of Somalia held its fifth high-level National Economic Policy Forum on the 20th and 21st of June 2022 in Mogadishu,
The 5th National Economic Policy Forum on GETS
The National Economic Council (NEC) of Somalia is planning to conduct its 5th National Economic Policy Forum on the Growth and Economic Transformation Strategy (GETS) for Somalia in Mogadishu on the 20th and 21st of June, 2022. The NEC advisors and independent sector experts will present ten (10) studies under the GETS for discussion by …
The Health, Economic and Social Impact of Covid-19 in Somalia
Somalia is facing a severe threat from the impact of the COVID-19 pandemic on account of its fragile economy and health institutions. As already indicated by the increasing cases and deaths related to COVID-19, if this trend continues Somalia`s weak healthcare system, which is far below most developing countries’ standards, will be set back severely. Somalia`s capacity to manage the COVID-19 pandemic as a public health threat is a cause for a serious concern. The Country’s health infrastructure has been severely undermined by decades of conflict and fragility of the state. In particular, the health sector suffers from lack of resources, infrastructure, and equipment, medicines, and qualified health personnel. The healthcare system institutions and facilities to address the spread of COVID-19 are lacking. This is compounded by a huge numbers of Internally Displaced People (IDPs), prevalent food insecurity and lack of social safety nets; including access to income support, unemployment insurance, and disaster preparedness and prevention.