28/04/2026
WELCOME TO
INSTITUTE OF FINANCIAL MANAGEMENT AND GOOD GOVERNANCE (IFMG)
The IFMG Institute is a public capacity development and professional training institute under the Ministry of Finance of the Federal Government of Somalia, established to serve as a national center of excellence dedicated to strengthening public financial management, improving financial governance, and promoting professionalism, transparency, and accountability in the public and private sectors.
The institute’s mandate is to build the capacity of government officials, financial professionals, and institutional leaders from the federal government, federal member states, the private sector, and civil society through specialized training programs, professional certification, diploma courses, executive education, applied research, and expert advisory services.
VISION
To be a premier national center of excellence in financial management and good governance.
MISSION
To build institutional and human capacity through innovative training and skill-building programs that promote financial management and good governance practice, supporting professional growth and sustainable development.
CORE VALUES
- Integrity
Upholding honesty, ethical conduct, and professional standards in training programs, professional certification and diploma programs, applied research, and other institutional operations within the public financial sector
- Excellence
Providing excellent, competency-based public financial management capacity-building programs and encouraging ongoing development.
- Accountability
Promoting accountability for professional growth, learning outcomes, and the management of public funds.
- Professionalism
Encouraging workers, trainees, and finance and good governance professionals to be disciplined, knowledgeable, and ethical.
- Innovation
Improving public financial management, contemporary techniques, digital tools, and workable solutions are integrated to enhance efficiency, transparency, and accountability in financial practices.
Inclusiveness
Ensuring equitable opportunity, diversity, and broad participation of stakeholders across federal, state, and local financial institutions.
- Collaboration
Establishing alliances with governmental bodies, businesses, academic institutions, and international organizations to improve education and information sharing in the public financial sector.