IPF Centers of Excellence

Fiscal Analysis

Strengthening Somalia's fiscal management by providing comprehensive analysis, research, and advisory services adapting international best practices to improve public finance transparency, revenue forecasting, and fiscal policy assessment.

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Our vision

To become the leading institution in Somalia for independent fiscal analysis, promoting sound fiscal policies and contributing to economic stability and growth.

Our mission

To enhance the capacity of public and private institutions by delivering evidence-based fiscal analysis, facilitating informed decision-making, and fostering transparency and accountability in public finance.

Strategic Direction

Core objectives

01

Promote Evidence-Based Fiscal Policy Development

  • Conduct independent analysis of fiscal policies and provide recommendations to improve budget efficiency.
  • Assess the impact of fiscal measures on socio-economic outcomes to guide policy reforms.
02

Strengthen Budget and Expenditure Analysis

  • Provide real-time tracking of budget implementation to ensure alignment with development goals.
  • Analyze public spending to identify inefficiencies and propose improvements.
03

Enhance Revenue Forecasting and Fiscal Planning

  • Support the Ministry of Finance in developing revenue forecasts and expenditure frameworks.
  • Monitor the performance of tax and non-tax revenues and identify trends and potential risks.
04

Foster Transparency and Public Engagement in Fiscal Governance

  • Publish accessible reports on fiscal performance to promote public understanding and engagement.
  • Facilitate dialogue between government, civil society, and international partners on fiscal matters.
Our Services

Core programs

Fiscal Policy Analysis and Research

  • Analyze the impact of fiscal policies on economic growth, poverty reduction, and public service delivery.
  • Provide sector-specific analysis of public expenditures, focusing on health, education, and infrastructure.

Budget Monitoring and Reporting

  • Develop budget monitoring tools to track expenditure performance.
  • Produce quarterly and annual reports evaluating government budget performance.

Revenue Forecasting and Tax Policy Advisory

  • Support the development of reliable revenue forecasting models.
  • Evaluate the effectiveness of tax policies and recommend strategies for broadening the tax base.

Capacity Building and Training

  • Provide workshops and training for government officials on fiscal analysis, budgeting, and revenue forecasting.
  • Facilitate peer learning and knowledge-sharing platforms for public finance practitioners.
Structure

Program divisions

01Fiscal Policy and Research
02Budget Analysis and Monitoring
03Revenue Forecasting and Advisory Services
Performance

Key indicators

  • Number of fiscal reports published annually.
  • Improved budget execution rates as a result of the center's recommendations.
  • Enhanced accuracy in revenue forecasting models used by the Ministry of Finance.
Global Standards

International best practices adapted to Somalia

01

Open Budget Reporting and Public Engagement

Develop accessible fiscal dashboards to inform citizens about budget performance and government spending.

02

Peer Learning Networks with Regional Partners

Collaborate with fiscal analysis centers across East Africa to share insights and learn from regional experiences.

03

Fiscal Policy Impact Models

Use international frameworks for fiscal impact assessments, including the effect of tax policies and subsidies on the economy.

04

Performance-Based Budgeting Integration

Support the adoption of performance-based budgeting to align public spending with development outcomes.

The Center for Fiscal Analysis will play a vital role in strengthening Somalia's fiscal governance by promoting evidence-based policymaking, fostering transparency, and supporting government efforts to achieve sustainable development through rigorous analysis and capacity-building.

Work with this center

Partner with the Center for Fiscal Analysis to advance evidence-based fiscal policy and budget transparency in Somalia.

Contact the Center