One year ago, we did not know how many Somalis were poor and how programs and policies could help to reduce poverty or at least build resilience against falling deeper into poverty. We knew that Somalis receive an estimated $1.4 billion (24 percent of GDP) in remittances every year. But we did not know whether the poor received the remittances and whether they helped mitigate the impact of poverty. To overcome this dearth of information, we implemented the Somali High Frequency Survey  and established a near real-time market price monitoring system .
The Somali Poverty Profile 2016  gives answers to some of these questions.
The Somali High Frequency Survey is part of the Multi Partner Fund ’s (MPF) Knowledge Fund, which aims to fill critical gaps in statistics and knowledge to inform the development planning and investment that is aligned with the National Development Plan. Other knowledge products include the Somalia Economic Update .