Somalia Multi-Partner Fund 2021-2022
Contribution ID : SE-0-SE-6-14780This website displays open data about Swedish aid, which shows when, to whom and for what purpose Swedish aid is paid out, as well as what results it has produced. This page contains information about one of the contributions financed with Swedish aid.
This intervention builds on the current Sida support to the World Bank Multi-Partner Fund (MPF) for Somalia (2018-2021), decision number 2018-003732. The MPF is a pooled fund mechanism, which was established in Somalia, December 2013. In Somalia, both donors and the Federal Government of Somalia (FGS) prefer this funding modality because it is a way of risk sh...
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This intervention builds on the current Sida support to the World Bank Multi-Partner Fund (MPF) for Somalia (2018-2021), decision number 2018-003732. The MPF is a pooled fund mechanism, which was established in Somalia, December 2013. In Somalia, both donors and the Federal Government of Somalia (FGS) prefer this funding modality because it is a way of risk sharing but also because it puts the FGS in the forefront of the entire aid architecture, strengthening ownership and accountability for programmes. The World Bank MPF is one of three funding windows available in Somalia. The other two funding windows are UN Multi-Partner Trust Fund (UN-MPTF) and African Development Bank Fund (AFDB-SIF). Sida's support to the UN-MPTF (reference decision number 2021-000916) and WB-MPF are well aligned with government priorities, as articulated in the National Development Plan (NDP-9 2020-2024). The overall aim of the CPF 2019-2022 is to lay foundations for the longer-term poverty reduction and inclusive economic growth by focusing on priority areas and constraints creating Somalia’s current “dual development trap” created by low levels of trust and exacerbated by widespread vulnerability of repeated shocks. The MPF key objectives are; (i) to provide a platform for coordinated financing for the sustainable reconstruction and development of Somalia, with a focus on core state functions and socio-economic recovery, (ii) build the capacities of Somali institutions over time to deliver critical services and infrastructure, at both federal and regional levels’ by use and strengthening of country systems. Sweden's contribution to the World Bank MPF is regulated by an Administrative Agreement between Sweden represented by the Embassy of Sweden and the International Development Association (IDA) concerning the Somalia Multi-Partner Fund (MPF) which has a unique designated Trust Fund number. To regulate Sida’s commitment and conditions for the continued support to Somalia MPF, Sida and the World Bank will make an amendment to the existing agreement based on the 2016 template agreed in December 2016 by Consultative Group on Operational Principles for Trust Funds and Partnership (CGOP) “Model Form of Administration Agreement Model Form – SDTF/MDTF”. Even though this is an new appraisal from the Sida perspective it is a continuing support to an existing Trust Fund in the Trust Fund perspective and therefore we are making an amendment to the existing agreement. The MPF is administered by the World Bank and is operated in close cooperation with the FGS and the contributing donors. The World Bank strategy covers the period 2019-2022 and Sida's proposal for this support is for the period 2021-2022, with a total amount of 150 million SEK. A later cost extension can be considered if deemed to be appropriate. The MPF donor countries include the EU, the UK, Norway, Germany, Sweden, Denmark, Switzerland, Finland, USA, and Italy with a total pledge of approximately USD 500 million through the MPF. The MPF is complemented by additional IDA financing of USD 500 million so far. Sweden is the fourth largest donor to the fund. For the period 2014-2020 Sweden has contributed MSEK 520.
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Result
The objectives of the MPF and CPF are overlapping, with the two main overarching objectives: i) building institutions to deliver services; and ii) restoring economic resilience and opportunities.
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