N/A

Recipient
Program contribution PIO grant to International Monetary Fund (IMF) for the Somalia Trust Fund for Capacity Development in Macroeconomic Policies and Statistics. IMF Advisory Services included: development of technical capacity at the Ministry of Finance and related agencies to analyze and formulate tax policy options for a decentralized system and to develop the fiscal regime in the utilization of natural resources. Technical assistance provided in 2016 on fiscal decentralization and natural resource taxation contributed to a draft model petroleum sharing agreement. Advisory services resulted in new revenue measures incorporated into FY 2017 appropriations bill which projected revenue increases of approximately $22m.
Commitment
USD 70000.00
Disbursement
USD 70000.00
Year
2016
Project Start Date
January 1, 2016
Project End Date
December 31, 2016
Project Region
Project Number
76_50985
Project crsid
2016000010A