Finland enhances efforts for Somalian recovery
The Government of Finland is committed to providing four million euros (US$4.39mn), in the three years to 2019, to the World Bank-administered Multi Partner Fund (MPF), which facilitates coordinated financing for sustainable reconstruction and development.
The Finnish funding is aimed at bolstering efforts towards improving the structure and management of the Somalian economy. The MPF for Somalia was established in 2015. In total, donors have committed US$185mn to the fund, of which US$87.8mn has already been used for reconstruction and development. In addition to Finland, the donors include the EU, Norway, Sweden, Switzerland, the UK, Denmark and Italy.
Economy and governance
"The World Bank Multi Partner Fund for Somalia is an important channel to foster the economic recovery and governance reforms in Somalia. The fund is well in agreement with Finland's goal to promote peace and development in the area," said Finland's Minister for Foreign Trade and Development, Lenita Toivakka.
Finland’s development cooperation is increasingly focused on least developed countries and fragile states like Somalia. Particular emphasis is laid on women's and girls' rights and the developing countries' own economic development, which in turn promote employment, livelihoods and well-being. Finland has increased its support targeted at refugees' and asylum seekers' countries of origin and at their neighbouring countries receiving refugees. This strengthens the preconditions of peace and improves people's opportunities to earn a living, after which people would not need to flee from their home countries and they could return to their homes at a later time.
How Finland works for Somalia
In addition to the MPF, Finnish bilateral development cooperation funding is targeted especially at the development of Somalia's health services. Finland supports, for example, the UN's general health programme, administered by UNICEF, which provides maternal and child health services in Somalia.
Finland also participates in a health sector project of the International Organization for Migration (IOM), in which doctors and nurses of Somali diaspora living in Finland develop Somalia's health care system. In addition to the bilateral assistance, Finland provides humanitarian aid and supports Finnish civil society organisations working in Somalia.