Institute of Public Finance -Somalia (IPF-S)

About

Founded in 2015, the Institute of Public Finance Somalia (IPFS) plays a pivotal role in enhancing public financial management and fostering sustainable economic growth in Somalia. Here's a summarized overview:

- Mission: IPFS aims to improve PFM, and governance structures and foster economic growth through strategic reforms.
- Vision: Becoming a cornerstone of economic resilience and governance excellence in Somalia.
- Core Values: Integrity, transparency, inclusivity, innovation, and collaboration drive IPFS's efforts to ensure equitable participation and promote ethical conduct.
- Key Objectives:
Enhance public financial management and tax administration frameworks.
Drive public sector reforms and digital governance advancements.
Improve the business environment and support economic diversification.
Promote inclusive development in health, education, and social services.
Advocate for climate resilience and environmental sustainability.
Areas of Expertise:

- Public Financial Management: Specializing in fiscal policy development and financial governance.
- Public Administration: Focusing on institutional reforms and anti-corruption efforts.
- Digital / E-Governance: Pioneering digital solutions for efficient government operations.
- Business Environment: Enhancing economic growth through legislative improvements and public-private partnerships.
- Health, Education, Gender, and Social Services: Committing to reforms for broader access and equality.
- Environmental Initiatives: Leading sustainable environmental practices and policies.

Impact Highlights:

- Significant contributions to governance and public sector reforms, enhancing transparency and accountability.
- Initiatives in fiscal decentralization and sustainable development promoting economic resilience.
- Pioneering work in e-governance streamlining public services and administrative efficiencies.
- Advocacy for green policies and climate-sensitive budgeting steering Somalia towards a sustainable future.

Keywords

pfm capabilities program, tax policy administration, macrofiscal strategy, monetary policies, fiscal policies, public financial management, revenue services, fiscal strategy, fiscal projection, budget policy & frameworks, macroeconomic management

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