State and regional bodies

Jubaland Ministry of Finance and Economic Development: budget and revenue

Jubaland's Ministry of Finance and Economic Development runs the state's budget from Kismayo. Ahmed Abdirizak Mohamed Handal is minister. Its 2025 budget was about US$63.4 million. In 2025 the state raised US$37 million of its own revenue, mostly taxes, and received US$33 million in donor grants.

Last checked 2026-11-12 5 sources Reading time: 2 min

What it does

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; Dawan Africa). Jubaland's capital is Kismayo.

Who leads it

Ahmed Abdirizak Mohamed Handal is Jubaland's Minister of Finance (Dawan Africa). Jubaland's president is Ahmed Mohamed Islam (Madobe) (Dawan Africa, 16 June 2026); see 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; Halqabsi). 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):

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's US$100 million (same source; see 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's accountant general. Minister Handal said such meetings strengthen cooperation on budget management, financial reporting and accountability (Dawan Africa).

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).

Institutions of the member states, the Puntland and Hirshabelle finance ministries, and the federal Ministry of Finance.

Sources

  1. Halqabsi, October 2024 · halqabsi.com
  2. Dawan Africa · dawan.africa
  3. Dawan Africa, 16 June 2026 · dawan.africa
  4. Halqabsi · halqabsi.com
  5. Central Bank of Somalia, Annual Report 2025 · centralbank.gov.so

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