Minister of Finance Bihi Egeh has launched a national consultation on Somalia’s 2025 budget today in Mogadishu under the theme “Relying on Our Capacity for Local Revenue.”
This initiative underscores the government’s commitment to strengthening domestic revenue generation as part of its broader strategy to achieve financial independence.
In recent months, Somalia has made significant strides in enhancing local revenue collection, reducing reliance on external budgetary support.
The Minister emphasized the importance of self-sufficiency and outlined steps being taken to sustain economic growth and development.
This consultation will involve key stakeholders to ensure transparency and inclusivity in the budgeting process.
