MOGADISHU \u2013 Somalia\u2019s Federal Parliament passed the national budget for the 2026 fiscal year in a joint session on Tuesday, authorizing a total of $1.39 billion in government spending.<\/p>\n
The $1,386,807,242 budget outlines the financial priorities for the coming year. In a decisive vote, 174 members of the bicameral parliament approved the measure, with four voting against and a single abstention.<\/p>\n
Senior officials present at the session emphasized that the budget is structured to bolster state institutions, enhance national security, expand social services, and stimulate economic development across the country.<\/p>\n
The budget\u2019s passage is considered a critical step for Somalia\u2019s federal government, central to its agenda for development, national stabilization, reconstruction, and improved public service delivery.<\/p>\n","protected":false},"excerpt":{"rendered":"
MOGADISHU \u2013 Somalia\u2019s Federal Parliament passed the national budget for the 2026 fiscal year in a joint session on Tuesday, authorizing a total of $1.39 billion in government spending. The… <\/p>\n","protected":false},"author":8,"featured_media":2818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-2817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-somalia"],"yoast_head":"\n