The Capacity Building Program for the Macroeconomics Working Group, launched in 2023, represents a cornerstone of IPF’s efforts to enhance macroeconomic planning and fiscal management in Somalia. This program, which spans across 2023 and 2024, is focused on strengthening the skills and capabilities of macro-fiscal departments within both the Federal Government of Somalia (FGS) and its Federal Member States (FMS).

The primary objective is to equip policymakers and financial managers with the tools necessary to engage in effective macroeconomic analysis, forecasting, and budgeting. By participating in a series of workshops, training sessions, and technical assistance initiatives, officials from both the federal and state levels will develop a deeper understanding of macroeconomic principles, allowing them to make more informed fiscal policy decisions. This program is expected to contribute to the long-term economic stability and sustainable growth of Somalia by promoting sound fiscal governance practices.