The Horn Economic and Social Policy Institute (HESPI)
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Project Name:The Horn Economic and Social Policy Institute (HESPI)Institution :The Horn Economic and Social Policy InstituteStrategic Pillar:Enhancing Critical Capacities for Transformational ChangeProject Region :Eastern & Southern AfricaCountry :EthiopiaStatus :ActiveGrant Number :256Grant Amount (USD):3 000 000Commitment Date:2011Closing Date:2015Introduction:
HESPI’s work in Somalia and South Sudan is to: (i) provide analytical work in both countries which has been instrumental in focusing the respective governments and their development partners on the importance of rebuilding financial integrity; (ii)Support the Transitional Federal Government of Somalia in drafting the first budget in two decades, and updating required fiscal legislation in 2009. As a result of HESPI’s comprehensive study and assessment of the financial sector in South Sudan, this provided an impetus of licensing of several private banks.
Project Description:The specific objectives of the project are to: (1) Enhance capabilities of financial integrity institutions in South Sudan and Somalia (2) Improve policy formulation and management within the IGAD region and (3) Strengthen HESPI’s institutional and human capacity