Supporting Inclusive Growth in Somalia (SIGS)
Description
SIGS programme is the UK’s flagship economic development programme in Somalia. Designed as a flexible and adaptive programme it will provide an immediate response to Covid19. It now has a stronger focus on remittances, supporting UK political leadership in this area, and, accelerated support to key Micro, Small and Medium Sized Enterprise (MSME) sectors including domestic food production and marketing. SIGS will deliver activities to 1. Develop and diversify businesses in approx. 4 high-value sectors. 2. Stimulate investment through developing the financial sector and related policy and or regulatory capacity. 3. Develop the evidence base on inclusive, sustainable, economic development in Somalia. SIGS will provide an essential policy and influencing resource for UK leadership on HIPC debt relief and or the associated reforms, including on the financial sector and counter terrorist financing.
Location
The country, countries or regions that benefit from this Programme.
Status Implementation
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
Help with participating organisations
Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
- Accountable
- Funding
- Implementing
Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.
Policy Marker(s)
ODA measures in relation to their realisation of OECD development policy objectives