In March 2017, the FGC published its first comprehensive Financial Governance Report (FGR). The 2017 FGR provided an assessment of financial governance challenges in Somalia and recommended several priority actions to strengthen financial governance and state-building efforts in the next twelve months.

This second Financial Governance Report reviews the financial governance challenges currently facing Somalia. It then assesses the progress made in strengthening financial governance over the past year and explains the advice and support that the FGC has provided. It concludes by identifying ten priority actions for strengthening financial governance in the coming year.