Somalia Releases Third National Economic Situation Report
Somalia Releases Third National Economic Situation Report
The Economic Advisor to the President of the Federal Republic of Somalia and Chairperson of the National Economic Council, Dr. Hassan Aden Hoosow, has announced the release of the country’s third National Economic Situation Report.
The report provides an in-depth analysis of Somalia’s economic trends, with a strong focus on GDP growth, domestic and foreign investment, monetary conditions, inflation, and emerging development opportunities across the country.
Dr. Hoosow noted that the report is a critical tool for economic planning and policy formulation, guiding efforts to strengthen public finance management, expand job creation, and safeguard the country’s overall economic stability.
The report also underscores the importance of accelerating investment partnerships and enhancing national revenue streams as key drivers of sustainable economic growth and long-term development.
