New World Bank GDP and Poverty Estimates for Somaliland

HARGEISA, January 29, 2014: Since its self-declaration of independence in 1991, Somaliland has – against many odds – established a system of democratic governance and embarked upon an ambitious development agenda including development of a National Development Plan (NDP 2012-16).

To help strengthen planning and budgeting processes, and improve the allocation of scarce resources, the World Bank has undertaken several pieces of analytical work to help provide the first GDP and poverty estimates for Somaliland. These will be discussed at the Somaliland Economic Conference on Growth & Unemployment, Poverty & Inflation and Budget Policy hosted by the Ministry for National Planning and Development and the World Bank in Hargeisa on 29 January, 2014.

READ MORE:   http://www.worldbank.org/en/news/press-release/2014/01/29/new-world-bank-gdp-and-poverty-estimates-for-somaliland

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