JAMACADA MUQDISHO, OO FURTAY KULLIYADA CASRIGA AH (Computer Science and Infor.Technology-CSIT)
The Special Report:
The Special Report:
Famine aid urged for the Horn of Africa
The Special Report:
Regional integration with somalis in Djibouti, Ethiopia, and Kenya
Politics:
by HAN(GEESKAAFRIKA.COM)May 30, 2003
A task as large as WB itself
HAN "Djibouti Monitering
Dr. Ahmed yasin
Geeska Afrika Online
World Bank Licus initiative for Somalia
The World Bank has not had an active lending program in Somalia since 1991 because of significant arrears on past debt-servicing obligations, the lack of a fully functional national government, and the unstable security situation
The World Bank has begun re-engagement in Somalia to assist the people of that country improve their livelihoods and to lay the groundwork for longer-term development efforts.
The bank, which has not had an active portfolio in Somalia since 1991, is taking a leading role through the Low-Income Countries Under Stress (Licus) initiative, which seeks to provide more proactive and effective support through partnerships to countries with very weak policies, institutions and governance.
The premise of this initiative is that the bank cannot afford to neglect such countries and that although lending may not be an option, other forms of engagement might be possible to assist countries to break out of severe poverty and economic decline, and move on the path for development.
In Somalia, a nation ravaged by civil war and one of the poorest countries in the world, the bank’s re-engagement strategy, based on the Licus approach, is being implemented jointly with the United Nations Development Programme (UNDP) and in collaboration with other development partners.
Building on these efforts and in partnership with UNDP, the Bank has now elaborated a Country Re-engagement Note for Somalia that seeks to contribute to the provision of basic public goods, accelerate socio-economic recovery, and create an enabling environment for long-term institutional and policy change.
The four strategic entry points identified for engagement in Somalia are:
Despite an uncertain environment in Somalia, this approach seeks to lay the groundwork for longer-term engagement in the country in collaboration with UN agencies and other development partners.
The World Bank is planning a new initiative for Somalia
The World Bank is planning a new initiative for Somalia, resuming operations there for the first time since 1991.
The bank said the Somalia project is a joint endeavor with the United Nation's Development Program. There is no central administration in Somalia, and the nation is largely run by warring ethnic militias.
The new initiative involves collecting data to analyze Somalia's economy, re-establishing a certification system for exporting livestock and support for local HIV/AIDS prevention.
The program's expected budget will be about $3.5 million.
General assignments reporter and can be reached Through HAN Email Edited by, Dr. Ahmed Yasin -HAN News Group.
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