Republic of Somaliland|Ministry of Finance & Economic Development
Loading latest news...
Leadership & Vision
Ministry of Finance & Economic Development
The government of Somaliland is implementing a Public Financial Management Reform (PFM) program to enhance budgeting, increase domestic revenues, automate the payment system, and build public servant capacity.
This program aims to use public funds more effectively, align with National Development Plan II (NDPII) goals, and achieve the 2030 vision. It will enhance efficiency, transparency, and accountability in financial management, ensuring the government becomes a trusted custodian of the nation's resources.
Abdillahi Hassan Adem
Minister of Finance & Economic Development
Ministry of Finance
about 2 hours ago
Important Announcement: Tax filing deadline for Q4 2024 has been extended to January 31st, 2025. All businesses are encouraged to file their returns on time to avoid penalties. For assistance, visit our offices or call 9494.
1 day ago
The Ministry of Finance is proud to announce the successful completion of the 2024 National Budget. Total budget: $450 million with key allocations to education, healthcare, and infrastructure development. #SomalilandBudget2024
3 days ago
New Online Tax Portal Now Live! Register your business, file returns, and make payments online. Making government services more accessible for all citizens. Visit www.slmof.org for more information.
5 days ago
Minister of Finance Dr. Sa'ad Ali Shire meets with World Bank delegation to discuss economic development initiatives and potential funding for infrastructure projects across Somaliland.
7 days ago
Reminder: All businesses operating in Somaliland must have valid tax registration certificates. Unregistered businesses may face penalties. Register today at any of our offices nationwide. For more info: info@slmof.org
Comprehensive financial management services designed for transparency, efficiency, and effective governance in the Republic of Somaliland.
To effectively manage public financial resources through sound fiscal policies, transparent budget execution, and efficient revenue collection for sustainable economic development.
A prosperous Somaliland with a robust and transparent financial management system that drives economic growth, ensures fiscal sustainability, and improves citizens' quality of life.
Integrity, transparency, accountability, professionalism, and commitment to excellence in serving the people of Somaliland through responsible financial stewardship.
