Author name: Media Team`

HARNESSING SOMALIA’S BLUE ECONOMY: PATHWAYS TO SUSTAINABLE PROSPERITY

The “Blue Economy” study illuminates the untapped economic potential of Somalia. The country’s extensive coastline, measuring 3,333 km, endows it with a strategic position in global trade. The study underscores the potential for transforming Somalia’s coastline into a thriving logistics hub, given the country’s diverse resources, including fisheries, oil and gas, and vast opportunities in …

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ANALYSIS OF TRADE BENEFITS OF SOMALIA’S POTENTIAL MEMBERSHIP IN THE AFRICAN GROWTH AND OPPORTUNITY ACT (AGOA)

The study, entitled “Unlocking the Potential of the African Growth and Opportunity Act (AGOA),” examines the potential for Somalia to become a member of the AGOA program. It identifies the economic benefits that could result from this preferential trade agreement. The document delineates Somalia’s present trade status with the United States, the prerequisites for AGOA …

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FOSTERING A CAPABLE STATE THROUGH HOME-GROWN SOLUTIONS

The study Fostering Capable State with Home-Grown Solutions assesses the indispensable function of legal and policy frameworks in establishing a competent state in Somalia. The study identifies significant challenges, including political instability, limited institutional capacity, and the absence of legal norms centered on Somali interests. By examining the integration of traditional systems like the Xeer …

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The National Economic Council (NEC) has organized a town hall event on Dec 9, 2023

The National Economic Council (NEC) has organized a town hall event aimed at engaging the youth and experts following the successful launch of the Centennial Vision development process. The event, themed “The Somalia We Want by 2060”, focused on Somalia’s long-term development agenda and aimed to prepare young Somalis to contribute towards the country’s development …

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CONSULTATION VISIT: JUBALLAND STATE OF SOMALIA REPORT-ON AUGUST 2, 2023

A delegation from the National Economic Council of Somalia, headed by the Executive Director Hassan Hosow, along with NEAs and technical staff, traveled to Kismayo city on August 2, 2023. The purpose of their visit was to hold a Centennial Vision 2060. Consultation meeting with government officials, civil society, and stakeholders of the Jubbaland State …

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CONSULTATION VISIT: GALMUDUG STATE OF SOMALIA-ON 2-4 JULY

On 2-4 July, delegates from the National Economic Council of Somalia led by Chief National Economic Advisor of Somalia and NEC Executive Director Hassan Hosow, traveled to Dhusamareb city, the administrative capital of Galmudug State of Somalia, on a mission of Centennial Vision 2060 Consultation meeting with Galmudug government cabinet, officials, civil society and stakeholders. …

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CONSULTATION VISIT: SOUTHWEST STATE OF SOMALIA-ON JUNE 17

On June 17, delegates from the National Economic Council of Somalia led by Chief National Economic Advisor of Somalia and NEC Executive Director Hassan Hosow, traveled to Baidoa city, the provisional administrative capital of South West State of Somalia, on a mission of Centennial Vision 2060 Consultation meeting with SWS government cabinet, officials, civil society …

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6th NATIONAL ECONOMIC POLICY FORUM – Launching the Centennial Vision 2060 Development Process

The National Economic Council (NEC) held its 6th National Economic Policy Forum on 27-28 November 2023. The event brought together leaders from key government institutions, development partners, and scholars to discuss the Centennial Vision 2060 developed by the NEC. The 6th NEC Economic Policy Forum was officially opened by H.E. D.r. Hassan Sheikh Mohamud, the …

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