Cabinet Approves Security Regulations As Economic Pressures Mount

GOOBJOOG NEWS | MOGADISHU: Somalia’s cabinet on Thursday approved new security and financial oversight measures while reviewing the growing economic impact of regional instability and climate-related threats.

The weekly cabinet meeting, chaired by Prime Minister Hamza Abdi Barre, focused on national security, government priorities and the economic effects linked to tensions affecting the Strait of Hormuz.

Ministers approved new regulations governing private security services, presented by the Ministry of Internal Security, alongside an Internal Audit Charter introduced by the Ministry of Planning to strengthen oversight and accountability across government institutions.

The cabinet was also briefed on worsening flood risks and threats to water resources following assessments presented by the Ministry of Energy and Water Resources.

A separate report by the National Bureau of Statistics Somalia highlighted rising prices and supply disruptions linked to instability around the Strait of Hormuz, a key global shipping route.

According to the report, imports into Somalia have dropped by around 40%, contributing to a 10% increase in food prices and a 14% rise in healthcare costs, with prices of other essential goods also climbing sharply.

The cabinet directed relevant ministries to take urgent measures aimed at easing the economic burden on the public and responding to the emerging challenges.

Officials also received an update on preparations for this year’s Hajj pilgrimage, with authorities announcing that Somali pilgrims will this year use a dedicated terminal at Aden Adde International Airport.

Prime Minister Barre praised the improving security situation in several parts of the country, particularly in Mogadishu, and urged the public to support efforts to preserve stability and prevent attempts to undermine security.