The current FY24–28 Country Partnership Framework(CPF) is the joint strategy between the World Bank Group and the government, to reduce poverty and improve the livelihoods of the people of Somalia. The WBG continues to contribute to a well-coordinated international effort to support Somalia. Leveraging various financial instruments, including ramped-up IDA financing, for long-term state and institution-building on the one hand, and short-term relief and resilient recovery from recent crises on the other. Important economic reform documents have been finalized with WBG support, including the Somalia Inclusive Growth Development Financing Series which supports improved fiscal management, resilience, and private sector growth and the recently launched Somalia Poverty and Equity Assessment.

The International Finance Corporation (IFC) strategy emphasizes financial inclusion, leading to three key projects - the Credit Information System, the Somalia Microfinance Program and Women-led Small and Medium Enterprises Non-Financial Services. The Multilateral Investment Guarantee Agency (MIGA) has committed to help attract foreign direct investments after Somalia became MIGA’s newest member country in March, 2020. As of August 31, 2025, MIGA is engaged in Somalia with a total gross exposure of $5.7 million for a project in the energy sector.

The World Bank’s IDA program in Somalia, co-financed by the MPF and other resources, has a total active Bank portfolio of $2.80 billion comprising of 25 projects (as of September 15, 2025).

Some of the recently approved projects include the following: Somalia productive, resilient, and inclusive growth (SPRING)  ($105 million); Second Somalia Economic Resilience Development Policy Financing (DPF 2) ($125 million; Bulsho: Strengthening Community and Local Institutions for Social Cohesion, Inclusion, and Resilience ($35 million); and Building Opportunities and Outcomes in Social Protection and Youth Employment in Somalia (BOOST-YOU).

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