Development Policy Grant: US $55 million equivalent
Maturity: 30 years Grace: 5 years
Project ID: P174064
Project Objectives Description: The objective of the supplemental financing is to help the Federal Government of Somalia (FGS) close an unexpected financing gap caused by the Covid-19 pandemic, flooding, and infestation of locusts, while minimizing the effects of the ongoing crisis on continued implementation of reforms supported by the Somalia Reengagement and Reform DPF(P171750), approved on February 27, 2020.
For more information about this project, visit https://projects.worldbank.org/en/projects-operations/project-detail/P174064