Somalia Joint Market Monitoring Initiative (JMMI) (November 2020)
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INTRODUCTION
The humanitarian response system in Somalia has mechanisms in place for rapid scale-up and sustained programming, including cash and voucher assistance (CVA). In 2020, 32% of the total requirement by clusters in Somalia is planned for CVA, totaling 332 million United States Dollars (USD). Multi-purpose cash, shelter, and food security represent 84% of the total amount, with a budget of 280 million USD dedicated to CVA.
The Joint Market Monitoring Initiative (JMMI) is a joint initiative from the Somalia Water, Sanitation and Hygiene (WASH), Shelter, and Education clusters and REACH. It aims to address an information gap in Somalia in terms of regular and updated monitoring of market functionality and a broad range of non-food items (NFIs), while contributing to existing supply chain and price monitoring of the main minimum expenditure basket (MEB) items.
Northwest Syria Market Monitoring Exercise, Snapshot: 7 - 14 December 2020
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INTRODUCTION
To inform humanitarian cash programming, REACH, in partnership with the Cash Working Group (CWG), conducts monthly Market Monitoring Exercises in northern Syria to assess the availability and prices of 36 basic commodities that are typically sold in markets and consumed by average Syrian households, including food and non-food items, water, fuel, and cellphone data.
Of these, 18 items comprise the Survival Minimum Expenditure Basket (SMEB; see below), which represents the minimum, culturally adjusted items required to support a 6-person household for a month.
Data collection took place between 7-14 December 2020 and was conducted by REACH, GOAL, People In Need, Violet and Solidarités International.
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K92 Mining Provides 2021 Operational Outlook
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Liberia: General Auditing Commission Audit Finds Irregularities in Pro-Poor Loan Scheme
Liberia: General Auditing Commission Audit Finds Irregularities in Pro-Poor Loan Scheme
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The GAC observed that the loans were disbursed to beneficiaries in Liberian Dollars instead of the United States dollars which is the currency the Government placed with Liberian Bank Development and Investment (LBDI) for purpose of the loan. The GAC says the disbursements of the loan in United States Dollars would enable the beneficiaries to avoid added costs associated with the purchase of United States dollars on the market, thereby maintaining more cash for growth and wealth creation which are key objectives of the SBPDF funds