# Somaliland Ministry of Finance and Economic Development: budget and taxes

> What Somaliland's finance ministry does, who leads it, the 2026 budget, the 2027 budget process and the 2026 public finance law.

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

## What it does

The ministry says it is responsible for managing public finances, national budget planning and economic policy ([Somaliland Ministry of Finance](https://slmof.org/departments/budget/)). Under the presidential decree that put the 2026 budget into effect, it oversees the budget's execution and reports regularly on progress ([Somaliland Standard](https://somalilandstandard.com/the-president-of-the-republic-of-somaliland-issues-a-presidential-decree-on-the-execution-of-the-2026-national-budget)).

## Who leads it

| Office | Person | Source |
|---|---|---|
| Minister | Abdillahi Hassan Aden | [Horn Diplomat](https://www.horndiplomat.com/?p=52403) |
| Director General | Mohamed Hassan Salebaan (also written Suleiman) | [Somaliland Standard](https://somalilandstandard.com/somaliland-ministry-of-finance-presents-2026-budget-draft-to-parliamentary-committee); [Dawan Africa](https://www.dawan.africa/news/somaliland-brings-new-public-finance-law-into-force-to-boost-accountability) |
| Accountant General | Hassan Muse Khalif | [Somaliland Standard](https://somalilandstandard.com/somaliland-ministry-of-finance-presents-2026-budget-draft-to-parliamentary-committee) |

## The 2026 budget

The Council of Ministers approved a 2026 budget of 4.58 trillion [Somaliland](/en/states/somaliland-1991-to-2026/) shillings, about US$424.5 million, at its 43rd session, chaired by President Abdirahman Mohamed Abdullahi (Irro). Horn Diplomat reported it as the largest budget Somaliland has drafted ([Horn Diplomat](https://www.horndiplomat.com/?p=52403)). The minister's figures, as reported:

| Item | Figure |
|---|---|
| Total budget | 4.58 trillion SlSh (about US$424.5 million) |
| Central government share | US$265.4 million, 11% more than in 2025 |
| Revenue forecast | 22% above the 2024 budget |
| Average deficit, 2022 to 2024 budgets | 11% |

The minister said the 2024 deficit had been fully closed. The budget's stated priorities were social services, defence, national security, infrastructure and economic stability ([Horn Diplomat](https://www.horndiplomat.com/?p=52403)).

The House of Representatives approved the budget on 23 December 2025, and the President issued a decree bringing it into effect under Articles 75 and 90 of the constitution ([Somaliland Standard](https://somalilandstandard.com/the-president-of-the-republic-of-somaliland-issues-a-presidential-decree-on-the-execution-of-the-2026-national-budget)).

## The 2027 budget

In July 2026 the minister began consultations with the House committee on economy, finance and trade. The ministry said the 2027 budget will prioritise economic growth, national security and defence, public administration and essential public services ([Horn Diplomat via allAfrica](https://allafrica.com/stories/202607200062.html)).

## Its legal basis

On 20 August 2026 Somaliland brought into force amendments to its Public Financial Management Law. [Dawan](/en/society/somaliland-newspapers/) Africa gives the original law as No. 75/2016; the ministry refers to it as Law No. 75/2025 ([Dawan Africa](https://www.dawan.africa/news/somaliland-brings-new-public-finance-law-into-force-to-boost-accountability); [Horn Diplomat via allAfrica](https://allafrica.com/stories/202607200062.html)). Officials said the law strengthens internal audit, separates internal auditors from the Auditor General, sets the House's role in budget oversight, and provides for a Single Treasury Account ([Dawan Africa](https://www.dawan.africa/news/somaliland-brings-new-public-finance-law-into-force-to-boost-accountability)).

## Related pages

[Finance ministers of Somaliland](/en/institutions/finance-ministers-of-somaliland/), the [Bank of Somaliland](/en/institutions/bank-of-somaliland/), [Somaliland's institutions](/en/institutions/somaliland-institutions/) and [the economy of Somaliland](/en/economy/somaliland-economy/).

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