Somalia Launches Third Edition of Economic Outlook Report

Mogadishu, (SONNA) – The Minister of Planning, Investment and Economic Development, H.E. Mohamud Abdirahman Sheikh Farah (Beenebeene), has launched the third edition of Somalia’s Economic Outlook Report, highlighting the country’s economic performance and development priorities.

The event was attended by the Minister of Health and Human Services, H.E. Dr. Ali Haji Adam, the Deputy Minister of Finance, representatives of the banking sector, business leaders and other dignitaries.

Discussions focused on developments in Somalia’s economy and ways to sustain progress across different sectors.

Speaking at the event, Minister Beenebeene highlighted the significance of the latest edition of the report, which examines the country’s economic direction and performance.

Prepared by the Ministry of Planning, the report assesses government economic performance and the overall state of the national economy, particularly during the period from 2018 to 2025.

It also highlights the importance of expanding economic infrastructure and increasing domestic production to support sustainable economic growth.