NewsSomalia Joint Fund launched in Mogadishu

News pic Press Release 10 May 23


Somalia Joint Fund - 10 May 2023, Mogadishu: A multi-donor trust fund was launched in Mogadishu earlier today to strengthen partnership between the Somali Government, the United Nations, and international partners in support of Somalia’s national development priorities and the achievement of the Sustainable Development Goals.

The launch was attended by the Deputy Prime Minister of the Federal Republic of Somalia, H.E. Salah Jama, the Minister of Planning, Investment and Economic Development, the Minister of Finance, representatives of Somalia’s international partners, and senior United Nations officials.

“The Somalia Joint Fund is a joint venture between Somalia, the United Nations, and international partners. It provides the Government with a mechanism to ensure international alignment with national priorities, strengthen national ownership of international development assistance, and collectively prioritize and coordinate the use of resources for the best impact,” said H.E. Mohamud Abdirahman “Beenebeene”, Minister of Planning, Investment and Economic Development.

Speaking at the event, Mr. Adam Abdelmoula, Deputy Special Representative of the Secretary-General, Resident and Humanitarian Coordinator for Somalia, highlighted: “Country-level pooled funds like the Somalia Joint Fund are critical for the United Nations’ ability to better support development aspirations of the countries we operate in. The Somalia Joint Fund will provide the necessary flexibility to respond to complex challenges facing Somalia and to maximize synergies across the UN system through joint action. The Fund will also serve as a platform for open and honest dialogue between Somalia and its international partners under the leadership of the Government.”

Originally established in 2014 and formerly known as Somalia Multi-Partner Trust Fund, the Somalia Joint Fund is one of the largest country-level development funds globally with more than 500 million USD in contributions since inception. Sweden, the European Union, Norway, Switzerland and Denmark are the largest contributors to the Fund. The Somalia Joint Fund, administered by the UN Multi-Partner Trust Fund Office in New York, seeks to mobilize 60 million USD annually in the next three years to support the most critical and strategic priorities in Somalia through seven funding windows: Inclusive Politics; Rule of Law; Human Rights and Gender; Climate and Resilience; Community Recovery and Local Governance; Economic Development; and Social Development.

For more information please contact:
Peter Nordstrom | Senior Trust Fund Manager Somalia Joint Fund |
Muse M Osman | Director, Planning, Ministry of Planning Investment and Economic Development |

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