Press Releases, 5/13/2016
Finland increases its support to reconstruction in Somalia
Press release 88/2016
11 May 2016
Finland will provide EUR 4 million to the World Bank -administered Multi Partner Fund (MPF), established to support Somalia. The MPF is a platform for coordinated financing for sustainable reconstruction and development.
"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," says Minister for Foreign Trade and Development Lenita Toivakka.
The Ambassador of Finland to Somalia Tarja Fernández signed an agreement on Finland's participation in the MPF in Nairobi on Wednesday. Finland's disbursements will be made in 2016–2019.
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.
The MPF for Somalia was established in 2015. In total, donors have committed USD 185 million to the fund, of which USD 87.8 million 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.
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.
Inquiries: Matti Karvanen, Programme Officer, tel. +358 295 351 806, Unit for Eastern and Western Africa, Ministry for Foreign Affairs.