Conflict-related economic shocks / markets
Commodity shocks, markets and resilience in Somalia
A joint UNDP–FAO assessment examined the Ukraine conflict’s effects on Somalia’s markets and macroeconomy. It connected commodity prices and supply disruption with fiscal pressures, household purchasing power and differentiated vulnerability, informing policy options for stabilisation, production, trade diversification and social protection.
Context and purpose
The joint UNDP–FAO assessment examined how the Ukraine conflict affected Somalia’s markets and macroeconomy. Dependence on external trade and finance made food and fuel costs, household purchasing power and public resources central to the analysis.
The work
The assessment traced effects through growth, trade, current accounts, inflation, assistance and consumption. It examined differentiated vulnerability across population groups and considered Baxnaano coverage, targeting and cash support. Partner consultations contributed to validation and dissemination.
Outputs and use
Assessment contributions and recommendations linked economic stabilisation with food systems, production, trade diversification and social protection. They provided evidence for partner programming, without claiming that the proposed measures had already reduced vulnerability.