H.E. President Abdirahman Mohamed Abdilahi (Irro) conducted a high-profile inspection visit to the Ministry of Finance and Economic Development today, signaling a strong commitment to bolstering Somaliland’s economic framework. The President was warmly received by Minister Abdilahi Hassan Adan, the State Minister Hon. Ismail Mowlid Abdilahi, the Director General Mr. Mohamed Hassan Saleban, and heads of various departments at the Ministry’s headquarters.
The visit focused on evaluating the Ministry’s critical operations, particularly in revenue generation, tax collection, and economic development. Minister Adan presented a comprehensive report, detailing national strategies aimed at enhancing Somaliland’s financial landscape. Key highlights included ongoing tax reforms, such as the Goods and Services Tax (GST), efforts to combat smuggling, and a significant increase in foreign-funded projects, which have grown from 4 to 11 under the current government. The Minister also outlined preparations for the 2026 National Budget and initiatives to explore new revenue streams to drive economic growth.
President Irro emphasized the Ministry’s pivotal role as the backbone of Somaliland’s government, responsible for crafting the budget that sustains all public institutions. He highlighted emerging national priorities absent from the 2025 budget, including the integration of civilian forces, provision of their transportation, and salary increments for national forces. “The Ministry must redouble its efforts to meet these demands while ensuring essential services for our citizens,” he stated.
In a firm stance against corruption, the President declared that good governance is the cornerstone of societal progress and reiterated the government’s zero-tolerance policy toward financial or administrative misconduct. He called on all public officials to uphold integrity and urged citizens to fulfill their tax obligations to support national development.
The visit underscores Somaliland’s push for economic resilience and transparency, with the President directing officials to prioritize innovative solutions to strengthen the nation’s financial systems and public services.