Mogadishu, Somalia — Italy’s Ambassador to Somalia, Pier Mario Daccò Coppi, met on Sunday with Minister of Finance, Bihi Egeh, and Central Bank Governor Abdirahman Mohamed Abdullahi for a series of high-level discussions aimed at advancing Somalia’s economic reform agenda.
According to officials, the meetings were described as “productive” and centered on the country’s financial sector stabilization efforts, ongoing reform programs, and development initiatives designed to strengthen the national economy. Both sides underscored the importance of sound fiscal management and regulatory frameworks to ensure long-term stability.
The talks also explored ways to deepen bilateral cooperation between Somalia and Italy, with particular emphasis on promoting investment opportunities and creating an enabling environment for sustainable growth. Amb. Coppi reaffirmed Italy’s commitment to supporting Somalia’s economic recovery, noting that Rome views Somalia as a key partner in the Horn of Africa.
Egeh highlighted progress achieved in recent years, including stronger domestic revenue mobilization and improved oversight mechanisms. Governor Abdullahi emphasized the role of the Central Bank in modernizing the financial system and increasing investor confidence through reforms targeting transparency and accountability.
The discussions come at a critical moment as Somalia continues to implement wide-ranging reforms under its economic recovery framework, while also working to attract foreign investment and expand partnerships that can accelerate development.