Institute of Public Finance - Somalia (IPFS)

Founded in 2015, the Institute of Public Finance Somalia (IPFS) is pivotal in enhancing Public Financial Management and Tax Advisory Services.

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

🌊 New Policy Paper Released!

“Closing Somalia’s Fisheries Governance Gap” explores how Somalia can transform its marine resources into sustainable economic growth, food security & biodiversity protection. 🇸🇴🐟
A roadmap for stronger fisheries governance.
https://t.co/DUsaixJ9ey

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

We are proud to announce a strategic global partnership b/w the Institute of Public Finance, Somalia and the International Institute of Public Finance.

Together, we aim to strengthen knowledge exchange, research, and institutional capacity in PFM.

#GlobalPartnership #IPF #IIPF

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

📘 New Report Released

📘 New Report: Transforming Somalia’s Public Financial Management

Since 2013, Somalia has rebuilt its fiscal system:
Progress has been made, but challenges remain: low revenue & unfinished fiscal federalism.
Read: https://t.co/BgfErn1xXb

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

🌙 Ramadan Kareem!

As we welcome this blessed month, the Institute of Public Finance Somalia (IPF) wishes you a Ramadan filled with peace, love, and prosperity.
Let’s spread kindness and share our blessings with those in need.

✨ Ramadan Mubarak! #Blessings #Peace #IPFSomalia.

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

📘Milestone 2 Completed | SERP
IPFS has finalized & validated cost of living & minimum wage reports for
• Jubaland
• Hirshabelle
• South West
• Galmudug
State-specific evidence to support fair, realistic & fiscally sustainable wage reform across Somalia #WageReform #PFM #IPFS

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

🇸🇴 IPF is supporting MOIFAR through expert focus group discussions and experience-sharing on fiscal decentralization implementation options—from federal institutions to district level
Turning strategy into action for stronger local governance and service delivery
#FD #PFM #Reform

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

Today, IPF Somalia supported MOPIED to host a Validation Workshop for the Institutional Development Package—covering the HR Policy & Procedures Manual + HRMS. 🇸🇴

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

The Institute of Public Finance Somalia (IPF) supported the Banadir Regional Administration (BRA) in the 2026 Citizen Engagement Forum, uniting business, academia, civil society & district leaders to shape a transparent & inclusive budget.
#Budget2026 #Governance #IPFSomalia #BRA

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

A new report by @IPFS_Somalia reveals:
🇸🇴 Somalia’s tax-to-GDP is just 3%.
📉 2023 tax gap: 34% (~$170M lost revenue).
⚠️ Biggest gaps: income & sales tax.
💡 Fixes: VAT law, excise tax, ITAS, mobile tax payment, and customs reform.
🎯 Goal: 15% tax-to-GDP = services + less aid.

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

🚀 2022-25 #PFM wins for Mogadishu 🇸🇴 (BRA × @IPF_Somalia)
2022 🔧 Treasury automation
2023 📑 Consolidated FS
2024 ✅ Audited FS
2025 🔍 2024 audit in progress
Transparency. Accountability. Progress.

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

From 2022-2025 the Banadir Regional Administration #BRA—supported by @IPF_Somalia—delivered key #PFM wins:
2022 Treasury automation ✔️
2023 Consolidated FS 📑
2024 Audited FS ✅
2025 Audit of 2024 FS in progress 🔍

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

Eid al-Adha Mubarak from the Institute of Public Finance – Somalia! 🌙✨
May this blessed day bring you & your loved ones joy, peace, and prosperity.
#EidAlAdha #Somalia #PublicFinance #IPF
@ipf_so

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

🔵 District Revenue Mobilization Workshops successfully concluded in Warsheikh, Jowhar, Kismayo, and Adado.

Empowering local leaders to drive sustainable revenue and governance reforms.
#IPFSomalia #FiscalDecentralization #PublicFinance #Somalia

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

New MOU signed! ✍️ IPF‑Somalia + Hirshabelle MoFED join forces for 2 yrs to reform PFM, boost domestic revenue, and train staff for transparent, accountable public finances. A big step toward sustainable growth in Hirshabelle! 🌍💡 #PFM #Somalia #Hirshabelle #IPFSomalia

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

📄 IPF Somalia + SOYDEN, backed by #SFFIII, mapped 18 villages in #Warsheikh (19–27 Apr 2025).
Method = FGDs 🗣️ + KIIs 📝 + transect walks—
Findings → Fair, transparent taxes = better water, roads, clinics & trust.
Let’s turn data into action!
#PublicFinance #LocalRevenue

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

Success! ✅ IPF just delivered—& NHPC validated—4 key manuals: HR, Ops & Finance, Procurement/Asset/Contract, plus Travel & IT. A big step toward stronger, transparent health governance in 🇸🇴. #IPFSomalia #NHPC #InstitutionalDevelopment #PublicFinance #HealthSector

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

Honoring Somalia’s workforce this #LaborDay2025! 🛠️Empowered workers → stronger, more transparent public finance.

Let’s keep pushing for fair wages, inclusive policies & fiscal justice. 📷 Empowering Labor, Advancing Public Finance #IPFSomalia #EmpoweringLabor#PublicFinMatters

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

NEW from @IPF_Somalia 📘
“Fiscal Decentralization in #Somalia” shows how fairer transfers & local taxes can fund better schools, clinics & roads.
Read it ➡️ https://t.co/gu8f6GgLeZ

#PublicFinance #FiscalFederalism #LocalGovernance

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

Did you know Ponzi & forex scams cost Somalis $70–90 M (2019-22) & hit 229K+ people?

New IPF report breaks down the economic damage & offers policy fixes.

🔗 https://t.co/R3DGvDOdmr

#Somalia #Fraud #PonziSchemes #EconTwitter

[Institute of Public Finance - Somalia (IPFS) @IpfSomali]

📍IPF facilitated a successful stakeholder consultation on #RevenueMobilization with #Warsheikh District Council!

🎯 Focus: Mapping revenues, building compliance & enhancing inclusive local governance.

#Somalia #PFM #FiscalDecentralization #IPFSomalia #LocalDevelopment #TaxDEV