Mogadishu, SONNA – The Finance Minister, Bihi Egeh, delivered a keynote address at the launch of the African Development Bank Group’s (AfDB) 2024 Somalia Country Focus Report. During his speech, he underscored the government’s policy initiatives aimed at driving the nation’s economic transformation.
Minister Egeh highlighted several key actions, including efforts to raise more domestic revenue, strengthen public financial management (PFM), and increase financial inclusion and access. Additionally, he emphasized the importance of promoting private sector-led investment and growth to bolster Somalia’s economic prospects.
The launch event provided a platform for discussing the country’s economic outlook and the strategies necessary to achieve sustainable development. The AfDB’s report serves as a crucial resource for understanding Somalia’s economic challenges and opportunities, guiding both policymakers and investors in their efforts to support the country’s growth.
