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Publication | 2023

DAKAR 2: Somalia: Country Food and Agriculture Delivery Compact

The Plan: Implementation of the Compact will increase investment in promising food value chains for increased production for local consumption, improved local dietary diversity, and export. Investments in the Compact will result in approximately doubling crop production to meet up to 60 percent of the local demand for cereals and oilseeds and increase commercial crops export to the Middle East and neighbouring countries. In addition, investment in the livestock sector is also expected to double production and increase the value of livestock products, dairy, live animals and shoats’ export, while investment in the fisheries sector also expected to increase fish exports (mostly tuna from 3 million MT to about 5 million MT) and increase the fisheries sector contribution to the GDP from 2 percent to 5 percent. In a nutshell, investment in these three sectors within the proposed Compact priority areas will allow the country to attain the projected GDP growth of 3.6 percent in 2023 and 3.7 percent in 2024.