# Puntland Ministry of Finance: budget, revenue and spending

> What Puntland's finance ministry does, who runs it, its budgets for 2025, 2026 and 2027, where its money comes from and how it is spent.

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

## What it does

[Puntland](/en/states/puntland/)'s Ministry of Finance collects the state's taxes and fees, prepares the yearly budget for the cabinet and parliament, and records and moves revenue into the state treasury ([Dawan Africa, 20 September 2026](https://www.dawan.africa/news/puntland-moves-to-boost-revenue-from-coastline)). Puntland runs its own budget separately from the federal government; see [member states' money](/en/economy/member-states-money/).

## Who runs it

| Office | Person | Source |
|---|---|---|
| Minister | Mohamed Farah Mohamoud | [Wikipedia](https://www.wikiwand.com/en/articles/Ministry_of_Finance_(Puntland)) |
| Director General | Ahmed Jama Jowle | [Shabelle Media via allAfrica](https://allafrica.com/stories/202511200036.html) |
| Deputy Director General for Revenue | Abdulqadir Ahmed Hashi | [Dawan Africa](https://www.dawan.africa/news/puntland-moves-to-boost-revenue-from-coastline) |

In an April 2026 reshuffle, President [Said Abdullahi Deni](/en/people/said-abdullahi-deni/) appointed new state ministers in several sectors including finance, a new Accountant General and new leadership of the State Bank of Puntland ([Dawan Africa, 2 April 2026](https://www.dawan.africa/news/somalias-puntland-reshuffles-ministers-senior-officials)).

## The budgets

| Year | Budget (US$) | Source |
|---|---|---|
| 2025 | 466.8 million | [Shabelle Media via allAfrica](https://allafrica.com/stories/202511200036.html) |
| 2026 | 315.8 million | [Shabelle Media via allAfrica](https://allafrica.com/stories/202511200036.html) |
| 2027 (cabinet approved) | 308.2 million | [Dawan Africa](https://www.dawan.africa/news/puntland-cabinet-approves-2027-budget-exceeding-dollar308-million) |

Presenting the 2026 budget, the Director General said domestic revenue had risen by 16% in the year, while internationally funded projects were set to fall. [Shabelle](/en/economy/farming-and-harvests/) Media reported that 57% of international projects were cut compared with 2025 allocations, and that Puntland authorities put this down to a wider fall in foreign aid ([Shabelle Media via allAfrica](https://allafrica.com/stories/202511200036.html)).

The cabinet approved the 2027 budget of US$308,213,973 at a meeting in Garowe chaired by President Deni. The statement said the budget covers domestic revenue and ongoing development projects, that it aims to raise domestic revenue and manage spending in the face of pressures from conflicts in the Middle East, and that no existing entitlements or allowances were cut. It is about US$7.6 million, or 2.4%, below 2026 ([Dawan Africa](https://www.dawan.africa/news/puntland-cabinet-approves-2027-budget-exceeding-dollar308-million)).

## Where the money came from in 2025

Ministry of Finance data published by the Central Bank of Somalia give Puntland'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 | 119 million |
| Own revenue | 100 million (84%) |
| of which taxes | 83 million |
| of which fees and charges | 16 million |
| Donor grants | 19 million |
| Spending | 118 million |
| of which salaries | 56 million |
| of which goods and services | 43 million |
| of which building and equipment | 18 million |

These are the state's own accounts. The larger budget figures above also include donor-funded projects.

## What it reports doing

In September 2026 ministry officials met in [Bosaso](/en/regions/bari/) on raising revenue from the coastline, including fishing, maritime trade and port services, and on making sure the money is recorded and sent to the treasury ([Dawan Africa, 20 September 2026](https://www.dawan.africa/news/puntland-moves-to-boost-revenue-from-coastline)).

## Related pages

[Puntland's institutions](/en/institutions/puntland-institutions/), [member states' money](/en/economy/member-states-money/), and the federal [Ministry of Finance](/en/institutions/ministry-of-finance/).

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