# Jubaland Ministry of Finance and Economic Development: budget and revenue

> What Jubaland's finance ministry does, who leads it, its 2025 budget, where its money came from in 2025, and its work with the federal government on accounts.

Source page: https://calankii.com/en/institutions/jubaland-ministry-of-finance/
Last checked: 2026-11-12
Publisher: Calankii (https://calankii.com)

## What it does

[Jubaland](/en/states/jubaland/)'s Ministry of Finance and Economic Development prepares the state budget for the Jubaland Regional Assembly, collects state revenue and reports on spending ([Halqabsi, October 2024](https://halqabsi.com/2024/10/jubaland-parliament-approves-2025-budget-with-28-increase-to-boost-development); [Dawan Africa](https://www.dawan.africa/news/kismayo-hosts-budget-execution-forum-and-ipsas-implementation-meeting)). Jubaland's capital is Kismayo.

## Who leads it

Ahmed Abdirizak Mohamed Handal is Jubaland's Minister of Finance ([Dawan Africa](https://www.dawan.africa/news/kismayo-hosts-budget-execution-forum-and-ipsas-implementation-meeting)). Jubaland's president is Ahmed Mohamed Islam (Madobe) ([Dawan Africa, 16 June 2026](https://www.dawan.africa/news/jubaland-launches-dollar21-million-project-for-displaced-in-doolow)); see [presidents of Jubaland](/en/institutions/presidents-of-jubaland/).

## The budget

The Jubaland Regional Assembly approved the 2025 budget in October 2024. The ministry gave the total as US$63,387,111, and Halqabsi reported it as a 28% increase ([Halqabsi, October 2024](https://halqabsi.com/2024/10/jubaland-parliament-approves-2025-budget-with-28-increase-to-boost-development); [Halqabsi](https://halqabsi.com/?p=9411)). This site has not found a published figure for Jubaland's 2026 or 2027 budget.

## Where the money came from in 2025

Ministry of Finance data published by the Central Bank of Somalia give Jubaland's 2025 accounts as follows ([Central Bank of Somalia, Annual Report 2025](https://centralbank.gov.so/wp-content/uploads/2026/08/Annual-Report_2025.pdf)):

| Item | US$ |
|---|---|
| Revenue and grants | 70 million |
| Own revenue | 37 million |
| of which taxes | 28 million |
| Donor grants | 33 million |
| Spending | 68 million |
| of which salaries | 41 million |
| of which building | 5 million |

Jubaland raised the second-largest own revenue of the member states in 2025, after [Puntland](/en/states/puntland/)'s US$100 million (same source; see [member states' money](/en/economy/member-states-money/)).

## What it reports doing

Kismayo hosted a quarterly meeting on budget execution and the International Public Sector Accounting Standards (IPSAS), attended by the federal Accountant General, Mohamed Mohamud Abdulle, finance officials of the member states and Banadir, and the [North East State](/en/states/north-eastern-state/)'s accountant general. Minister Handal said such meetings strengthen cooperation on budget management, financial reporting and accountability ([Dawan Africa](https://www.dawan.africa/news/kismayo-hosts-budget-execution-forum-and-ipsas-implementation-meeting)).

In June 2026 President Madobe launched a US$21 million resilience project in Doolow for displaced people and host communities, funded by the African Development Bank, with about 2,000 homes, irrigation canals and farms ([Dawan Africa, 16 June 2026](https://www.dawan.africa/news/jubaland-launches-dollar21-million-project-for-displaced-in-doolow)).

## Related pages

[Institutions of the member states](/en/institutions/member-state-institutions/), the [Puntland](/en/institutions/puntland-ministry-of-finance/) and [Hirshabelle](/en/institutions/hirshabelle-ministry-of-finance/) finance ministries, and the federal [Ministry of Finance](/en/institutions/ministry-of-finance/).

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