Somaliland Finance Minister Reports Strong Revenue Collection and Economic Progress for 2025

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In a latest address to the Council of Ministers, Somaliland’s Minister of Finance and Economic Development, Hon. Abdilahi Hasan Adan, announced that the nation’s revenue collection efforts for September 2025 are on track and performing exceptionally well. The Minister credited the success to the dedicated efforts of the Ministry, stating, “The national revenue collection forecast for this year is progressing as planned, reflecting the hard work and strategic focus of our team.”

During the presentation of the Financial, Economic, and Revenue Affairs report, Minister Abdilahi highlighted ongoing initiatives to bolster Somaliland’s economy. He emphasized that studies and strategic plans, spearheaded by the High Economic Committee of the Council of Ministers, are advancing smoothly and are set to strengthen the country’s economic framework.

In a significant development, the Minister revealed a new collaboration with the Somaliland National Insurance Agency to ensure comprehensive insurance coverage for all government vehicles. This move is expected to enhance the management and protection of public assets.

The Minister’s optimistic report underscores Somaliland’s commitment to economic stability and growth, positioning the nation for continued progress in 2025.