Supporting Inclusive Growth In Somalia (SIGS)

Somalia

SIGS programme is the UK’s flagship economic development programme in Somalia. Designed as a flexible and adaptive programme it will provide an immediate response to Covid19. It now has a stronger focus on remittances, supporting UK political leadership in this area, and, accelerated support to key Micro, Small and Medium Sized Enterprise (MSME) sectors including domestic food production and marketing. SIGS will deliver activities to 1. Develop and diversify businesses in approx. 4 high-value sectors. 2. Stimulate investment through developing the financial sector and related policy and or regulatory capacity. 3. Develop the evidence base on inclusive, sustainable, economic development in Somalia. SIGS will provide an essential policy and influencing resource for UK leadership on HIPC debt relief and or the associated reforms, including on the financial sector and counter terrorist financing.

Reference: Published by the UK Government