State and regional bodies
Puntland Ministry of Finance: budget, revenue and spending
Puntland's Ministry of Finance collects taxes and prepares the state budget from Garowe. Puntland raised US$100 million of its own revenue in 2025, more than any other member state. Its budget fell from US$466.8 million in 2025 to US$315.8 million in 2026, mainly because donor projects shrank, and the cabinet approved US$308.2 million for 2027.
What it does
Puntland's Ministry of Finance collects the state's taxes and fees, prepares the yearly budget for the cabinet and parliament, and records and moves revenue into the state treasury (Dawan Africa, 20 September 2026). Puntland runs its own budget separately from the federal government; see member states' money.
Who runs it
| Office | Person | Source |
|---|---|---|
| Minister | Mohamed Farah Mohamoud | Wikipedia |
| Director General | Ahmed Jama Jowle | Shabelle Media via allAfrica |
| Deputy Director General for Revenue | Abdulqadir Ahmed Hashi | Dawan Africa |
In an April 2026 reshuffle, President Said Abdullahi Deni appointed new state ministers in several sectors including finance, a new Accountant General and new leadership of the State Bank of Puntland (Dawan Africa, 2 April 2026).
The budgets
| Year | Budget (US$) | Source |
|---|---|---|
| 2025 | 466.8 million | Shabelle Media via allAfrica |
| 2026 | 315.8 million | Shabelle Media via allAfrica |
| 2027 (cabinet approved) | 308.2 million | Dawan Africa |
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 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).
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$7.6 million, or 2.4%, below 2026 (Dawan Africa).
Where the money came from in 2025
Ministry of Finance data published by the Central Bank of Somalia give Puntland's 2025 accounts as follows (Central Bank of Somalia, Annual Report 2025):
| Item | US$ |
|---|---|
| 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 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).
Related pages
Puntland's institutions, member states' money, and the federal Ministry of Finance.
Sources
- Dawan Africa, 20 September 2026 · dawan.africa
- Wikipedia · wikiwand.com
- Shabelle Media via allAfrica · allafrica.com
- Dawan Africa, 2 April 2026 · dawan.africa
- Dawan Africa · dawan.africa
- Central Bank of Somalia, Annual Report 2025 · centralbank.gov.so
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Where this matters
- Laascaanood (Las Anod) and SoolSool is a region in the north with Las Anod (Laascaanood) as its capital and about 571,000 people.
- Ceerigaabo (Erigavo) and SanaagSanaag is a region on the northern coast with Erigavo (Ceerigaabo) as its capital and about 446,000 people.
- Garoowe (Garowe) and NugaalNugaal is the region around Garoowe (Garowe), Puntland's capital, with about 656,910 people in three districts.
- Gaalkacyo (Galkayo) and MudugMudug is a region of central Somalia with about 1.5 million people, split between Puntland in the north and Galmudug in the south.
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Keep reading
- Puntland's institutions: constitution, parliament, courts and electoral commissionHow Puntland's government works: its constitution, parliament, president, courts, attorney general, auditor general and electoral commission, with numbers and sources.
- Elections in Puntland (Doorashooyinka Puntland)How Puntland chooses its president, parliament and local councils: the clan-delegate system, the presidential votes from 1998 to 2024, the 2021 and 2023 direct local elections with results, and Puntland's position on federal elections.
- Somaliland's institutions: president, parliament, Guurti, courts and central bankHow Somaliland is governed: the President, the House of Representatives, the Guurti, the courts, the Bank of Somaliland and the electoral commission.
- Elections in Somaliland (Doorashooyinka Somaliland)How elections work in Somaliland: the three-party rule, the National Electoral Commission, every presidential, parliamentary and local election since 2002 with results, and the 2026 term extension.
- Somaliland Ministry of Finance and Economic Development: budget and taxesWhat Somaliland's finance ministry does, who leads it, the 2026 budget, the 2027 budget process and the 2026 public finance law.
- Constitution of Somaliland (Dastuurka Somaliland)What Somaliland's 2001 constitution says: territory, religion, language, the three-party limit, the President, the House of Representatives, the Guurti, the courts, women's rights and how it can be amended, with its history from 1991.