Ministry of Finance, Jubaland

What Ministry of Finance, Jubaland does

The Ministry of Finance, Jubaland (legally "Ministry of Finance – Jubbaland State of Somalia") is a state government ministry of the Federal Republic of Somalia, established by presidential decree on April 30, 2014 and headquartered in Kismayo, Jubbaland. Its core mandate is implementing the Public Financial Management (PFM) system, including operating a Treasury Single Account (TSA) that centralizes control of all government revenues and expenditures across the state's ministries covering health, education, security, infrastructure, and other sectors. The ministry's organizational structure comprises 11 internal departments: Revenue Authority (Inland and Customs sections), Budget, Treasury (Account Report, Payment, Department sections), Public Procurement (Procurement and Asset sections), Human Resources, ICT, Macro-Fiscal, Internal Audit, External Assistance Fiduciary Section (EAFS), System Unit, and Customs and Taxation.

The ministry's technology stack centers on government financial management systems including TSA infrastructure and PFM platforms managed by a dedicated ICT and System Unit Department. It operates as a non-commercial public sector entity with no traditional pricing or revenue model; instead, it is funded through state budget allocations, government revenue collection (taxes and customs duties), and external donor financing. Key donor partnerships include the World Bank's Somalia Enhancing Public Resource Management (SERP) Project (P177298) and the UK FCDO's PREMIS Programme. The ministry publishes quarterly and annual financial reports, budget documents, appropriation acts, and citizen budgets, with continuous reporting from 2014 through 2026. Its customer base comprises internal Jubbaland State ministries, the Federal Government of Somalia (for revenue-sharing coordination), and citizens and businesses interacting with tax and customs administration. Leadership is headed by Minister Ahmed Abdirisak Mohamed (Handal), with Deputy Minister Mahad Sheikh Abdi and Director General Noor Omar Shalle.

Name

Ministry of Finance, Jubaland

Legal name

Ministry of Finance – Jubbaland State of Somalia

Website

https://jubbalandmof.so

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

The Ministry of Finance, Jubaland is a Somali state government ministry that implements public financial management for Jubbaland State, operating a Treasury Single Account to centralize revenue collection and budget management across state ministries and serving citizens, businesses, and the federal government.

Ownership category

akta.pro rank

Product category

Public Financial Management

NAICS

Public Finance Activities (921130), Executive, Legislative, and Other General Government Support (921), Administration of Economic Programs (926)

akta.pro primary industry

State/Provincial Treasury, Budget & Fiscal Management (BPAIABAC)

akta.pro secondary industries

Treasury & Cash Management (BPAIAEAB), Government Accounting & Financial Reporting (BPAIAEAD), Financial Risk, Controls & Audit (Public Sector) (BPAIAEAH), Collections, Arrears Management & Debt Enforcement (BPAIADAD)

Keywords

• Public financial management
• Treasury operations
• Government revenue collection
• Budget administration
• Fiscal policy

Headquarters

HQ city

Kismayo

HQ country

Somalia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Government Revenue Collection: Collects taxes, customs duties, and other government revenues. Revenue Authority manages Inland Section and Custom Section operations. Operates through Treasury Single Account system.
2. Budget Management: Manages annual budgets and public expenditures for Jubaland State government operations including health, education, security, infrastructure, and other sectors.

Distribution channels1 record

Marketing channels2 records

Core offering

The Ministry of Finance operates the Public Financial Management (PFM) system for the Jubaland State Government of Somalia, centralizing control of all government revenues and expenditures through a Treasury Single Account (TSA). It collects taxes and customs duties, prepares and executes the state budget, manages treasury operations, oversees public procurement, conducts internal audit, and provides macro-fiscal analysis. The ministry also manages donor-funded programs including the World Bank's Somalia Enhancing Public Resource Management Project (SERP) and the FCDO-funded PREMIS Programme.

Product overview

The Ministry of Finance, Jubaland operates as a government ministry providing public financial management services through a unified platform structure. The core offering includes the Public Financial Management (PFM) System implementing Treasury Single Account (TSA) operations. The ministry's service portfolio comprises multiple interconnected departments including Revenue Department, Budget Department, Treasury Department, Public Procurement, ICT Services, Macro-Fiscal Unit, Internal Audit, and External Assistance Fiduciary Section. Additionally, the ministry manages donor-funded projects including the World Bank's Somalia Enhancing Public Resource Management Project (SERP) and the FCDO-funded PREMIS Programme. Financial reports, budget documents, and procurement notices are published across fiscal years from 2014 to 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Financial Management (PFM) System A comprehensive system for controlling and managing government revenues and expenditures through a Treasury Single Account (TSA) for better service delivery to the public. Implemented for the Jubbaland State Government of Somalia.
• Revenue Collection Services Government revenue collection covering the Inland Section (taxes) and Custom Section (customs duties), developing annual revenue estimates based on applicable laws. Serves the Jubbaland State Government and taxpayers.
• Budget Preparation and Management Services Budget preparation, framework development, and budget performance monitoring for the Jubbaland State Government. Publishes annual budgets and supplementary appropriation acts.
• Treasury Operations Services Management of government accounts, payment processing, and departmental financial reporting through the Account Report, Payment Section, and Dept Section, operated via the Treasury Single Account.
• Public Procurement Services Oversight of government procurement processes and asset management for Jubbaland State ministries and government entities, including publication of procurement notices and awarded contracts.
• Customs and Taxation Services Development of JSS taxation policy and decrees relating to revenue raising measures, advisory on revenue sharing with the Federal Government of Somalia, and customs operations management.
• Macro-Fiscal Analysis Services Production of macroeconomic and fiscal analysis, reports, and data to support policy decision-making and budget planning across Jubbaland State.
• Internal Audit Services Independent audit and verification of government financial operations and compliance across the ministry's programs and partner entities.
• External Assistance Fiduciary Services (EAFS) Management of donor funds and external assistance with fiduciary oversight for transparency and accountability, supporting programs such as the World Bank's SERP Project and FCDO's PREMIS Programme.
• ICT Services Internal information technology services including System Administration and Communication support for the ministry, maintaining PFM and TSA infrastructure.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Federal Government of SomaliacoreStrategic or Co-development PartnerCoordination on public financial management reform and implementation of SERP Project across federal and state levels. Also coordinates on revenue sharing and intergovernmental fiscal relations.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Federal Ministry of Finance, Somalia: Somalia's federal Ministry of Finance coordinates national PFM and revenue-sharing arrangements with state-level ministries. It is directly comparable because it oversees the same Treasury Single Account framework, SERP Project implementation, and federal-state fiscal relations that the Jubaland Ministry participates in.
• National Treasury of Kenya (State Department for National Treasury): Kenya's National Treasury is a national-level public finance authority with comparable PFM, revenue administration, and donor coordination functions. It serves as a broader incumbent reference for sub-national finance ministries in the East African region operating similar TSA-style frameworks.

Direct peers

• Ministry of Finance, Hirshabelle State of Somalia: Hirshabelle's Ministry of Finance executes parallel state-level revenue, treasury, and budget operations within Somalia's federal structure. It is directly comparable as a peer sub-national finance ministry sharing institutional design and donor partners.
• Ministry of Finance, Puntland State of Somalia: Another Somali federal member state's Ministry of Finance operating an analogous PFM system with revenue, treasury, and budget functions. It is directly comparable as a peer sub-national finance ministry operating in the same federal structure and donor-financed reform environment.
• Ministry of Finance, South West State of Somalia: South West State's Ministry of Finance performs the same PFM, treasury, budget, and revenue collection functions under Somalia's federal system. It is directly comparable as a peer sub-national finance ministry operating with similar mandate and donor support.
• Ministry of Finance, Galmudug State of Somalia: Galmudug's Ministry of Finance manages state-level PFM, revenue, and budgeting functions in the same Somali federal context. It is directly comparable as a peer sub-national finance ministry with the same mandate scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mofjubaland

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Ministry of Finance, Jubaland