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Somalia
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for the 22 Dec - 28 Dec
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Somalia’s parliament has approved a $1.38 billion national budget for 2026, outlining government spending priorities for the coming fiscal year. The budget includes allocations for public administration, economic management, and climate-related risks, including drought response. Lawmakers said the plan is intended to support fiscal stability and address economic vulnerabilities. Finance officials noted that limited funds have been set aside for drought management amid concerns over potential climate shocks affecting growth and public finances.
Mogadishu’s Aden Adde International Airport will suspend all flight operations for one day, affecting airlines, cargo handlers, and travel service providers operating in Somalia’s capital. The Somali Civil Aviation Authority said the temporary closure will require carriers and logistics firms to adjust schedules and operations. Airport authorities confirmed normal services will resume after the one-day halt, noting that such disruptions can have short-term operational and commercial impacts on aviation and related business activities.
Somalia and Türkiye signed a strategic cooperation agreement to strengthen collaboration in the fisheries sector. The deal will enhance maritime governance, licensing oversight, and the protection of marine resources through a joint institutional framework. The agreement also aims to support Somalia’s maritime security and combat illegal fishing while expanding bilateral economic cooperation. Authorities said the partnership is expected to create jobs, improve regulatory capacity, and support sustainable use of Somalia’s fisheries resources.