State and regional bodies
Somaliland Ministry of Finance and Economic Development: budget and taxes
Somaliland's Ministry of Finance and Economic Development collects taxes, prepares the yearly budget and manages public money. Its 2026 budget of 4.58 trillion Somaliland shillings, about US$424.5 million, was the largest Somaliland has drafted. Abdillahi Hassan Aden is minister. A revised public finance law came into force in August 2026.
What it does
The ministry says it is responsible for managing public finances, national budget planning and economic policy (Somaliland Ministry of Finance). Under the presidential decree that put the 2026 budget into effect, it oversees the budget's execution and reports regularly on progress (Somaliland Standard).
Who leads it
| Office | Person | Source |
|---|---|---|
| Minister | Abdillahi Hassan Aden | Horn Diplomat |
| Director General | Mohamed Hassan Salebaan (also written Suleiman) | Somaliland Standard; Dawan Africa |
| Accountant General | Hassan Muse Khalif | Somaliland Standard |
The 2026 budget
The Council of Ministers approved a 2026 budget of 4.58 trillion Somaliland 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). 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).
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).
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).
Its legal basis
On 20 August 2026 Somaliland brought into force amendments to its Public Financial Management Law. Dawan Africa gives the original law as No. 75/2016; the ministry refers to it as Law No. 75/2025 (Dawan Africa; Horn Diplomat via allAfrica). 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).
Related pages
Finance ministers of Somaliland, the Bank of Somaliland, Somaliland's institutions and the economy of Somaliland.
Sources
- Somaliland Ministry of Finance · slmof.org
- Somaliland Standard · somalilandstandard.com
- Horn Diplomat · horndiplomat.com
- Somaliland Standard · somalilandstandard.com
- Dawan Africa · dawan.africa
- Horn Diplomat via allAfrica · allafrica.com
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