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Somali National News Agency > Blog > Local News > Somalia’s Finance Minister Meets UN Economic Commission Head in Spain to Advance Reform and Investment Agenda
Local News

Somalia’s Finance Minister Meets UN Economic Commission Head in Spain to Advance Reform and Investment Agenda

By Abdullahi Hussein
Last updated: July 2, 2025
2 Min Read
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Seville, Spain – SONNA: The Minister of Finance of the Federal Republic of Somalia, H.E. Bihi Iman Egeh,, held a high-level meeting with the Executive Secretary of the United Nations Economic Commission for Africa (UNECA), 𝐌𝐫. 𝐂𝐥𝐚𝐯𝐞𝐫 𝐆𝐚𝐭𝐞𝐭𝐞, during the 4th United Nations Conference on Investment and Development currently taking place in Seville. The discussion centered on Somalia’s progress in financial reforms, inclusive economic growth, and future investment collaboration.

The meeting marked a significant step in Somalia’s ongoing efforts to deepen international cooperation and attract sustainable investment. Minister Bihi Iman Egeh, briefed the UNECA Executive Secretary on key milestones in the country’s fiscal reform journey, the rollout of the National Transitional Plan (NTP), and initiatives aimed at ensuring that economic development benefits Somali communities at every level.

Both sides agreed to further strengthen bilateral cooperation and develop targeted investment strategies to support Somalia’s national development goals. The UNECA chief praised Somalia’s reform momentum and affirmed the Commission’s readiness to support the country’s economic transition.

The Somali Minister of Finance is expected to take part in a series of ministerial-level discussions throughout the conference, focusing on investment opportunities, regional integration, and inclusive economic development. He is also scheduled to hold meetings with global leaders and development partners attending the forum.

The 4th United Nations Conference on Investment and Development brings together government officials, international institutions, and private sector stakeholders to accelerate sustainable growth, particularly in developing and post-conflict countries. Somalia’s participation signals its growing role in the global economic dialogue and its ambition to build a stable, investment-ready future.

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