News & Events

State of the Economy Report

The National Economic Council is excited to announce the release of the second edition of the State of the Economy Report (SER), offering a detailed analysis of Somalia’s economic trends and growth potential. This year’s report focuses on Advancing Financial Inclusion to Foster Inclusive Economic Growth, examining its critical role in reducing inequality, unlocking opportunities, …

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NEC concludes its 7th National Economic Policy Forum

The 7th National Economic Policy Forum took place at the Jazeera Palace Hotel in Mogadishu on October 14-15, 2024. The event convened a diverse group of leaders, policymakers, and experts to engage in substantive discussions regarding Somalia’s development pathways. Centered around the theme “Somalia’s Development Nexus: Economy, Governance, and Social Empowerment,” the forum provided a …

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OUTCOMES OF THE NEC CENTENNIAL VISION 2060 PHASE III INCEPTION WORKSHOP IN MOGADISHU

The National Economic Council, Federal Republic of Somalia organized a two-day Centennial Vision 2060 Phase 3 inception workshop on 21st and 22nd July at the Aden Adde International Airport in Mogadishu. The workshop also served as the transition from the second phase to the third phase of the Centennial Vision 2060 document preparations thus witnessing …

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National Economic Council commences Somalia CV2060 Phase III Inception Workshop in Mogadishu

The National Economic Council (NEC) has today kickstarted the Centennial Vision 2060 Phase III Inception Workshop in Mogadishu. The workshop which involved presentations and panel discussion, saw presentations from National Economic Council experts on findings from nationwide sectoral assessments conducted under Phase II covering governance, human capital development, the productive sector, infrastructure, trade, regional integration, …

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National Economic Council to hold Centennial Vision 2060 Phase III Inception Workshop in Mogadishu

The National Economic Council is set to convene stakeholders for Somalia’s ambitious Centennial Vision 2060 Phase III Inception Workshop in Mogadishu from July 21-22, 2024. The two-day workshop will kick-start Phase III of the Vision development process, and present the findings of nationwide sectoral assessments under Phase II and draw strategies and coordination mechanisms for …

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National Economic Council holds CV2060 Inter-Ministerial Taskforce meeting

The National Economic Council has today held a preparatory meeting for the Inter-Ministerial Taskforce responsible for supporting Phase III of the Centennial Vision 2060 development process. The meeting held at the Office of the Somali Prime Minister’s office, served to initiate preparations for the forthcoming Centennial Vision 2060 (CV2060) Phase III workshop which is scheduled …

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NEC Executive Director Hassan Adam Hosow attends Chief Economists of Government ‘CEoG’ Forum

The Executive Director of the NEC and Chief Economic Advisor to the President of the Federal Republic of Somalia Hassan Adam Hosow, participated in the Annual Chief Economists of Government Forum in Lusaka, Zambia. Hosow joined fellow Chief economic advisors to heads of state and governments from across Africa at the 2024 Annual Chief Economists …

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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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