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6 Jun 2019

 Terms of Reference – Consultant Economist

Job Description

Terms of Reference – Consultant Economist

1) Background

The Ministry of Finance Development derives its mandate from the Constitution of Somaliland, which provides for proper budgetary and expenditure management of the government financial resources. It also has a responsibility for ensuring that systems are in place for efficient monitoring and reporting of all Government’s transactions. The main vision of the ministry is to catalyst institution that promotes sustainable financial management and economic development while the mission is to Improve and Mobilize revenue collection; set the country’s macroeconomic and fiscal policy management; and formulate efficient policies for public resource accountability, transparency and long-term sustainable development.

The MACROECONOMIC AFFAIRS & STATISTICS DEPARTMENT has the following vision, mission and objectives:

Vision – A catalyst department that promotes evidence based policies that ensure sustainable economic development

Mission – Gauge the macroeconomic status of the country to formulate the fiscal and monetary policies to set the country on sustainable economic development path.

Objectives:

To collect primary and secondary macroeconomic data for policy formulation
To formulate sound economic and fiscal policies that mobilize internal and external financial resources for public expenditure,
To enhance national economic stability, by focusing on socio-economic development as a tool of poverty reduction,
The budget being the most compelling instrument of the government for carrying out its policies, the department will provide the basis for realistic revenue forecasts.
     2) Scope of the Assignment

The scope of the work is summarized below:

1. Compile national macroeconomic data and produce statistics on

  1. GDP Growth
  2. Unemployment
  3. Inflation and exchange rate
  4. trade
  5. Imports and Exports
  6. Investment
  7. Consumption and etc.

2. Publish a quarterly bulletin Economic Performance Report

  • Participate in organizing the annual Conference on Macro-economic Performance
  1. Assist on macroeconomics variables on forecasts of government revenue streams
  2. Produce fiscal analysis
  3. Consultant in organizing the monthly seminars on the macroeconomic developments nationally and regionally

Carry out research on trade, unemployment, inflation and exchange rate, trade, import and exports, investment and consumption etc.
3)   Methodology

The expert should explore participatory and consultative approach in conducting the Assessment. The assignment will involve the following: stakeholders meeting, documentation, presentation and report writing.

4) Qualification Requirements

The applicant shall have Master’s Degree in Economics and above
An advanced degree with a major in a relevant discipline is an added advantage.
Minimum of Seven Years of relevant Experience
Proficiency in Computers and office software packages (MS Office) and experience in handling SPSS software is required.
Application Procedure

If you meet the above requirements, please send your: CV, Application letter and Copies of Certificates to: hr@slmof.org or Visit http://slmof.org/vacancies-2/ . Also you can submit the hard copy to the HQ of The Ministry, Human Resource Department.

The Deadline will be 13th of June, 2019.

Only applicants with required qualifications will be contacted.


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