About the Ministry
An effective and efficient institution managing Somalia's public financial resources
The Ministry of Finance is the central institution responsible for economic policy, national budgeting, revenue mobilization, debt management, and public financial management reform.
Our Mandate
The role of the Ministry
- Formulate national economic policy and oversee its implementation.
- Prepare, execute and report on the annual national budget.
- Mobilize domestic revenue through fair and efficient tax and customs administration.
- Manage public debt sustainably and transparently.
- Drive Public Financial Management (PFM) reforms across government.
- Coordinate development partner engagement and external financing.
- Strengthen accountability through audit, internal control and reporting.
Our Vision
To be an effective and efficient institution capable of managing public financial resources for the prosperity of all Somalis.
Our Mission
To plan, generate, allocate, and account for resources in order to enable sustainable economic growth and development.
Core Values
Principles that guide our work
Integrity
Uphold the highest standards of honesty and ethics.
Accountability
Be answerable for the use of public resources.
Transparency
Open communication of decisions and data.
Excellence
Deliver high-quality public financial services.