# Somalia's National Transformation Plan 2025 to 2029 and Vision 2060 > What Somalia's National Transformation Plan 2025-2029 contains: its four pillars, its economic targets, how it was made, and how it fits Centennial Vision 2060. Source page: https://calankii.com/en/economy/national-transformation-plan/ Last checked: 2026-11-12 Publisher: Calankii (https://calankii.com) ## What it is The **National Transformation Plan (NTP-I, 2025 to 2029)** is the federal government's medium-term development plan. The Ministry of Planning, Investment and Economic Development announced its launch on 17 March 2025 ([Ministry of Planning](https://mop.gov.so/somalia-launches-national-transformation-plan-ntp-2025-2029/)). It follows the earlier National Development Plans, the last of which covered 2020 to 2024 ([Eastleigh Voice](https://eastleighvoice.co.ke/kenya%20somalia%20trade-somalia%20economy/127920/somalia-pm-hamza-barre-launches-five-year-national-transformation-plan)). The Central Bank describes it as "a decisive shift in the country's development strategy", aimed at private-sector-led growth, stronger state institutions and jobs for young people ([Central Bank of Somalia, Annual Report 2025](https://centralbank.gov.so/wp-content/uploads/2026/08/Annual-Report_2025.pdf)). ## The four pillars From the plan's executive summary ([Ministry of Planning, NTP Executive Summary](https://mop.gov.so/wp-content/uploads/2026/07/NTP-Executive-Summary.pdf)): 1. **Transformational governance:** institutions, justice, security and inclusive politics, including a 30 percent quota for women, up from 12.33 percent of seats in Parliament. 2. **Sustainable economic transformation:** farming, industry, energy, infrastructure, tourism, public finance and financial services. 3. **Social and human capital transformation:** education, health, social protection and jobs. 4. **Environment and climate resilience.** ## Its main goals The plan's stated goal is "to consolidate peace and create sustainable economic growth and improved social well-being". Its objectives include building transparent and accountable institutions, keeping the economy stable, and laying the foundations to diversify it (same source). ## Some economic targets for 2029 From the executive summary ([Ministry of Planning](https://mop.gov.so/wp-content/uploads/2026/07/NTP-Executive-Summary.pdf)): - **Energy and extractive industries:** attract **$5.3 billion** of private investment, create 15,000 jobs, cut electricity prices by **50 percent**, and add $1.45 billion to GDP. National bodies for oil (SONOC) and electricity (SONEC) are to coordinate the sector. - **Tourism:** 50,000 to 75,000 visitors a year, and training for 10,000 hospitality workers a year. - **Public finance:** stronger revenue collection, financial inclusion and private-sector growth to reduce dependence on donors. - **Farming and food:** targets for seed, crops and poultry, including 86 million eggs a year to cut imports. ## How it was made The plan was drafted through a pre-lab phase of desk reviews and consultations, sector "labs" for each pillar, and a post-lab phase that turned lab outcomes into the final plan and a set of bankable projects. Government, the private sector, civil society, the UN and development partners took part (same source). ## Centennial Vision 2060 The NTP is the first step of Somalia's **Centennial Vision 2060**, which aims "to create a prosperous, secure, democratic, inclusive, and competitive country with a high-quality life" ([Ministry of Planning, NTP Executive Summary](https://mop.gov.so/wp-content/uploads/2026/07/NTP-Executive-Summary.pdf)). The vision is to be delivered through **seven five-year phases** of national transformation, ending at the 100th anniversary of independence in 2060 ([Goobjoog News](https://en.goobjoog.com/somalia-launches-vision-2060-roadmap-to-guide-long-term-development)). ## How it is paid for The federal budget for 2026 is about $1.39 billion, two thirds of it expected from donors ([Garowe Online](https://garoweonline.com/index.php/en/news/somalia/somalia-parliament-approves-1-3b-budget-donors-cover-66-7)). The plan's energy target alone counts on $5.3 billion of private investment ([Ministry of Planning, NTP Executive Summary](https://mop.gov.so/wp-content/uploads/2026/07/NTP-Executive-Summary.pdf)). See [The federal budget and taxes](/en/economy/budget-and-taxes/) and [Investing in Somalia](/en/economy/investing-in-somalia/). --- I want to help with this: email hello@calankii.com. Fix this page: email hello@calankii.com with the page link and your source.