Somalia’s internal revenue mobilization galvanised by UA 5.5 million grant from African Development Bank

The Federal Republic of Somalia (FGS) revenue mobilization strategy received a boost with a UA 5.5 million grant from the African Development Bank. The strategy aims to ramp up revenue collection through enhanced tax revenue and a more efficient collection system. The grant, through the Bank’s Economic and Financial Governance Institutional Support Project (EFGISP) phase 2, offers support for Somalia’s state-building efforts. […] Read More