Somalia: Puntland Unveils 2026 Budget Amid Sharp Drop in International Funding

Garowe — Puntland's Ministry of Finance on Tuesday presented the region's 2026 budget, highlighting a significant decline in international projects and overall government funding.

Ahmed Jama Jowle, Director General of the Ministry of Finance, said domestic revenue had risen by 16% this year, marking the largest growth within the budget. However, the figures show international-funded projects are set to fall by 32% compared with last year.

The 2026 budget is estimated at $315.8 million, down from $466.8 million in 2025, representing an overall decrease of approximately 32.3%.

According to the 2026 plan, 57% of international projects are reduced compared to 2025 allocations.

The reduction is expected to impact public services such as health, education, water, and infrastructure, as international support has traditionally played a critical role in financing these sectors.

Puntland authorities attributed the decline in international projects to a broader reduction in foreign aid, which has forced many organizations to either halt or scale back programs in the region.

AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.