Economy

Saad Ali Shire

Somaliland economy is in decline

Somaliland’s Ministry of Finance said business in the breakaway Somali region has declined, which has affected Somaliland’s economy.

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NCC

Could Dispute between Federal and Regional Leaders Derail Debt Relief?

President Hassan Sheikh Mohamud’s first four months at the helm of Somalia have been marred by conflicts on his own making. The latest conflict with regional states had been simmering for some time and erupted late last month. A concerted message came on August 31 from regional state governments, particularly their finance ministries, stating that […]

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Beyle’s Farewell Address

Early this month, the Somali Minister of Finances, Dr. Abdirahman Duale Beyle, met the media to update the public on Somalia’s economic situation, in a speech that sounded like a farewell message. Over the past four years, the Minister has regularly briefed the public on the state of the national economy and openly responded to […]

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Somalia, Ethiopia Sign Trade Deal On Somali Fishery Products

New trade deal on Somali fishery products, considered as the first agreement of its kind was signed yesterday in Mogadishu between the governments of Somalia and Ethiopia, in which Ethiopian khat will be exchanged for Somali fish. Speaking at the signing of the agreement today at the airport in the capital, Federal Minister of Fisheries […]

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