The Governor of the Central Bank of the Republic of Somaliland, Mr. Abdinassir Ahmed Hirsi, officially closed a two-day strategic workshop on Thursday at the Ambassador Hotel in Hargeisa, marking a key milestone in the bank’s future development.
The workshop, focused on drafting and approving the Central Bank’s strategy for the next three years, was attended by senior officials including Deputy Governor Mr. Hamse Abdirahman Khayre, Director General Mr. Yasin Jama Ahmed (Yasin Calase), and other bank executives, with technical support provided by the consulting firm KBMG.
Director General Yasin Jama Ahmed highlighted the importance of the new strategy, stating that it would provide the bank with a clear direction to achieve tangible progress and become a strong, efficient institution.
“This strategy will give us the right direction to make the Central Bank a strong bank that efficiently carries out its responsibilities,” he said.
Deputy Governor Hamse Abdirahman Khayre expressed full confidence in the successful implementation of the plan, emphasizing the need for hard work and collaboration.
“I am confident that if we work hard and collaborate together, we will be able to build a modern Central Bank for Somaliland for the first time in the next three years,” he stated.
Governor Abdinassir Ahmed Hirsi, who closed the workshop, described the approval of the strategy as a major achievement that unifies the bank’s vision and mission.
“Today (Thursday) is a moment of joy for us as we conclude two days of workshops in which we approved the strategy we will implement over the next three years,” the Governor said.
He added that the strategy is not merely a set of documents but a comprehensive plan with a clear implementation roadmap and specific timelines.
“This strategy is not just white papers on a desk; it comes with a clear execution plan and a well-defined timeframe for implementation,” Governor Abdinassir Ahmed Hirsi concluded.
The initiative reflects Somaliland’s commitment to strengthening its financial institutions and driving sustainable economic growth.