Mogadishu, Somalia – The Somali Federal Parliament has officially approved the national budget for 2025, marking a significant milestone in the government’s efforts to stabilize and develop the country. The $1.2 billion budget was presented by the Ministry of Finance and passed with overwhelming support from lawmakers, who described it as a critical framework for addressing Somalia’s pressing challenges.
The newly approved budget prioritizes key sectors, including security, education, healthcare, and infrastructure development. Notably, the Somali National Army (SNA) has received an increased allocation, reflecting the government’s commitment to enhancing security amid ongoing operations against Al-Shabaab militants.
Prime Minister Hamza Abdi Barre addressed the Parliament, emphasizing the importance of efficient and transparent spending to achieve tangible results. “This budget is not just numbers on paper—it is a roadmap for our nation’s recovery and progress. We must ensure every dollar is spent wisely to rebuild public trust and deliver essential services,” he said.
Finance Minister Elmi Mohamud Nur highlighted the inclusion of new measures to improve revenue collection and reduce dependency on international aid. According to the ministry, domestic revenue is projected to cover 60% of the budget, thanks to reforms in taxation and increased port revenues.
Focus Areas of the Budget
- Security: A significant portion of the budget is earmarked for security, aiming to bolster the capabilities of the SNA and police forces in their fight against insurgents.
- Education and Health: Investments in these sectors include building new schools and hospitals, improving teacher and healthcare worker salaries, and expanding access to services in rural areas.
- Infrastructure: Funds are allocated for road construction, water supply systems, and electricity projects to stimulate economic growth and improve living standards.
Despite the optimistic outlook, some lawmakers expressed concerns about potential mismanagement and corruption. “We must ensure accountability at every level. The Somali people deserve to see their taxes and international aid put to good use,” said opposition MP Amina Abdullahi.
Public Reaction and Expert Opinions
The budget has received mixed reactions from the public. While many appreciate the focus on security and public services, others remain skeptical about the government’s ability to implement the plan effectively.
Economist Abdullahi Hassan praised the budget’s emphasis on domestic revenue but warned of challenges in achieving the targets. “Tax compliance remains low, and addressing this requires stronger enforcement mechanisms and public awareness campaigns,” he said.
Next Steps
The Ministry of Finance will begin rolling out the budget in January 2025, with quarterly reports planned to ensure transparency and accountability. International partners, including the World Bank and the African Union, have pledged continued support to Somalia’s financial reform agenda.
As Somalia navigates its path toward stability, the 2025 budget symbolizes hope for a brighter future. However, its success depends on the collective efforts of government institutions, civil society, and the international community.
