Ministry of Finance & Economic Development.

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Ministry of Finance & Economic Development.

Ministry of Finance & Economic Development.

@slmofd

The Ministry of Finance and Economic Development derives its mandate from the Constitution of Somaliland.

Hargeisa,Somaliland Katılım Mart 2019
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Ministry of Finance & Economic Development.
The Ministry of Finance and Economic Development of the Republic of Somaliland extends its warm congratulations on the occasion of Eid al-Fitr to the entire Muslim Ummah and in particular to the people of Somaliland. Eid Mubarak. @SLNTV
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The Finance Ministry held a meeting with Inland Revenue Managers from Hargeisa districts to review domestic revenue performance. Reports indicated that revenue collected in January–February 2026 exceeded projections, reflecting strong progress in domestic revenue mobilization.
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The Minister of Finance alongside the Director General, launched a 3-day training for 30 Internal Audit officers to strengthen compliance with National Financial Laws, enhance revenue management procedures, and reinforce accountability and good governance within the Ministry.
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Ramadan Mubarak: The Ministry of Finance of the Rep. of Somaliland extends its sincere congratulations to the Muslim Ummah,especially the people of Somaliland,on the blessed month of Ramadan and prays for ease in fulfilling the sacred obligation of fasting. @SLNTV #Ramadan2026
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The MoF has launched a capacity assessment of its InternalAudit Dep to strengthen governance and public financial management. Supported by the World Bank–funded SERP project,the review will help enhance staff skills and align internal audit functions with international standards.
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The Ministry of Finance & Economic Development honored 153 outstanding employees for exceptional performance in 2025. The annual awards ceremony, held in Hargeisa, recognizes dedication, professionalism, and excellence across the Ministry.
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Somaliland is participating in a high-level World Bank meeting in Nairobi focused on the restructuring of the SERP project, aimed at strengthening public financial management, transparency, and institutional capacity.
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Ministry of Finance & Economic Development.
The Ministry of Finance & Economic Development of Somaliland last night honored 37 outstanding taxpayers as the best taxpayers of 2025, recognizing excellence in tax compliance across the private, non-profit, and public sectors.
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The Ministry of Finance, represented by Hon. Ismail Mowlid officially opened a two-day workshop evaluating the implementation of Somaliland’s National Tax Policy (2021–2025), aimed at strengthening tax administration and informing the forthcoming 2026–2030 policy framework.
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The MoF&ED,today approved its 2026 ActionPlan following a high-level workshop in Hargeisa. The plan aligns with the Ministry’s 5-Year Strategy,NDPIII and government priorities,emphasizing accountability,inter-departmental coordination,transparencyand timely budget implementation.
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“I urge all staff of the Ministry, wherever they may be, to integrate cooperation with the security forces into their official duties,remain vigilant and stay alert to any actions that threaten security or undermine the success of our nation’s recognition.” Hon. Abdillahi Hassan
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“I call upon my people, wherever they may be, for each individual to act as a police officer, a source of intelligence, and a guardian—so that together we safeguard our collective security.” Dr. Abdirahman Mohamed Abdullahi (Cirro) President of the Republic of Somaliland
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The President of the Republic of Somaliland has issued a Presidential Decree formally authorizing the execution of the 2026 National Budget, directing all government institutions to implement it in line with financial regulations, transparency, and performance-based management.
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Hargeisa, 25 Dec 2025 – The Government of Somaliland today launched the Revenue Collection Documents Standardization Program for Autonomous Government Agencies, aimed at strengthening transparency, accountability, and efficiency in public financial management. @SLNationalDay
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Phase One of Somaliland’s Rental-houses Registration Program has been successfully concluded in Hargeisa. The initiative strengthens the tax base, improves compliance, and modernizes domestic revenue collection, with plans to expand nationwide. @SLNationalDay #Taxreform
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The Ministry of Finance will host the Somaliland Tax Forum 2025 on 27 December, under the theme “Enhancing Taxpayer Compliance." The forum brings together government, business, and civil society to strengthen revenue systems and economic growth. #TaxForum2025 @SLNationalDay
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