Mogadishu, Somalia – The Prime Minister of the Federal Government of Somalia, H.E. Hamza Abdi Barre, emphasized the government’s commitment to fostering an inclusive and stable economy during a workshop focused on the growth and development of the country’s economy.
The event, held on May 5, 2024, brought together key figures from the Ministries of Production and international economic experts, including Professor Stefan Dercon, an economic expert and lecturer at Oxford University in the UK.
During the workshop, Prime Minister Hamza Abdi Barre highlighted the government’s ongoing efforts to develop an inclusive and stable economy that benefits all Somalis. He stressed the importance of strategic planning and policy implementation in achieving this goal and reiterated the government’s dedication to achieving economic self-sufficiency.
Professor Stefan Dercon, a renowned economic expert and lecturer at Oxford University, presented insightful perspectives on ways to achieve a developed economy. Drawing from his extensive experience in the field, Professor Dercon provided valuable insights into the strategies and policies required to foster economic growth and stability in Somalia.
The workshop served as a platform for the exchange of ideas and the development of strategies to guide the country towards a more prosperous and self-sufficient future. The participation of international experts, such as Professor Dercon, provided invaluable input and perspectives on the best practices for achieving economic growth and development.
The Prime Minister’s emphasis on the government’s efforts in the development of an inclusive and stable economy reflects the administration’s commitment to the well-being and prosperity of the Somali people. By bringing together the Ministries of Production and international economic experts, the workshop has laid the groundwork for a collaborative and comprehensive approach to achieving economic self-sufficiency in Somalia.
As the country continues to navigate the challenges of economic growth and development, the leadership of Prime Minister Hamza Abdi Barre and the insights provided by international experts such as Professor Stefan Dercon will be instrumental in steering Somalia towards a brighter and more prosperous future.
