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Somalia received $1.9 blln of development assistance in 2019

MOGADISHU — Somalia received US$ 1.9 billion in official development assistance (ODA) in 2019, comprised of roughly equal volumes of humanitarian (US$ 934 million) and development aid (US$ 924 million).

The World Bank, United Kingdom, European Union, and Germany were the largest providers of development aid in 2019, together with providing more than 50% of total development aid (approximately US$ 500 million).

The United States provided nearly half of all humanitarian aid in 2019 (US$ 455 million). Donors increased their contributions to the SDRF Funds in 2019 to US$ 225 million, compared with US$ 190 million in 2018.

The share of development aid channeled through the SDRF Funds increased from 32% in 2019 compared with 24% in 2018. The European Union has been the largest contributor to the SDRF Funds since they were established, with US$ 186.2 million in total contributions between 2014 and 2019.

There was an increase in reported project-level disbursements in all Federal Member States in 2019, relative to 2018. A large portion of project-level disbursements in FMS are for health, food security, and education.

Source: Radio Dalsan             Origin: View original

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