London Conference on Somalia May 10 & 11, 2017: Accelerating economic recovery and resilience
London Conference on Somalia May 10 & 11, 2017
Accelerating economic recovery and resilience
Objectives of this presentation
1. Focus on underlying constraints on economic recovery and resilience
2. Integrates several strands:
- Somalia National Development Plan, 2017-2019
- Somalia Public / Private Dialogue
- The PFM Action Plan & Roadmap to IFI Arrears Clearance & Debt Relief
3. Proposes national “priorities of the priorities for Somalia” for early implementation
4. Proposes mobilization of public / private and domestic / international resources behind priorities
Decades of no investment or maintenance has led to deep deficits across all infrastructure categories
And yet….Somalia’s economy is dynamic: urbanized, high consumption financed by remittances with a vibrant private sector
Somalia London Economic Recovery_Framing document
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