publications
IPFS publications
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Public Financial Management Reform in the Banadir Regional Administration
The Banadir Regional Administration (BRA), which governs Mogadishu, has undertaken a significant Public Financial Management (PFM) reform program in a highly fragile, post-conflict environment....
Somalia’s Tax Gap: Why Closing It Matters for the Country’s Future
Somalia’s tax system faces a significant challenge, with a tax-to-GDP ratio of around 3%, one of the lowest globally, highlighting a substantial gap between potential and actual revenues. The tax...
Fiscal Decentralization in Somalia
Executive summary – Fiscal Decentralization in Somalia: Comparative Insights and a Policy Framework for Empowering Local Governance Purpose & scope The paper reviews Somalia’s emerging...
The economic toll of ponzi scheme in somalia
Objective: The Phonze Scheme is a proposed development framework designed to empower unemployed youths and small-scale traders by providing them with affordable mobile phones and a structured...
Advancing Transparency, Accountability, and Good Governance: IPFS Annual Report 2024
The Institute of Public Finance – Somalia (IPFS) is proud to release its Annual Report 2024, highlighting a year of transformative achievements in advancing public financial management (PFM) and...
Assessing VAT Implementation in Mogadishu – Legal and Socio-Economic Implications
Introduction As part of Somalia’s economic recovery, the government introduced a Value Added Tax (VAT) in Mogadishu to formalize the economy, expand the tax base, and reduce reliance on foreign...
Strategic Post-HIPC Reforms for Somalia: Navigating Towards Sustainable Development
Strategic Post-HIPC Reforms for Somalia: Navigating Towards Sustainable Development Institute of Public Finance – Somalia (IPF-S) September 18, 2024 Executive Summary Somalia’s...
Budget Execution in the Health Sector of Somalia (2018–2024)
Our health sector report analyzes budget allocations and their impact on healthcare delivery. Despite increased allocations, challenges remain in utilizing these funds efficiently, affecting...
Somalia’s Fiscal Data Analysis Report (2018-2022)
Somalia’s Fiscal Data Analysis Report (2018-2022) Welcome to the Institute of Public Finance – Somalia’s latest Fiscal Data Analysis Report, offering comprehensive insights into Somalia’s...