institutional and public sector reforms
fiscal management
financial sector development
private sector development
sustainable growth and development
sector strategies and economic recovery
NDPs/MTPs/NTPs
long-term planning / national visions
trade and finance
fragile and conflict affected states (cross-cutting the above policy areas)
Sub-Saharan Africa & South Asia
CV2060 Development Lead: Jan 2023 - June 2025:
The Centennial Vision 2060 (CV2060) is Somalia’s long-term national development framework that sets an ambitious course toward becoming a peaceful, inclusive, and prosperous country by the centenary of its independence in 2060. It aims to transform Somalia into a middle-income nation with a high quality of life for all its citizens, guided by home-grown solutions, national unity, and sustainable economic growth. CV2060 is informed by the aspirations of the Somali people, articulated through extensive consultations across federal and state institutions, civil society, the private sector, and the diaspora. It draws on global best practices and aligns with regional and international frameworks such as the East African Community (EAC), IGAD, African Union Agenda 2063, and the UN Sustainable Development Goals (SDGs).
In essence, CV2060 combines political will, strategic planning, and policy innovation to build a stable, sustainable, and prosperous future for Somalia. It integrates various planning tools, strategic initiatives, and policy reforms to foster development across multiple sectors, including economic diversification, infrastructure enhancement, education, healthcare, social inclusion, and environmental sustainability.
The Development of Centennial Vision 2060
The development of Somalia’s CV2060 was announced by H.E President Dr. Hassan Sheikh Mohamud in January 2023 as a bold step to steer Somalia towards a brighter future, where citizens enjoy a high standard of living in a united and peaceful country. Recognizing the capabilities of the National Economic Council (NEC), the President tasked the NEC with leading the development of a blueprint for the country’s envisioned future. The process was divided into three phases:
Phase I: Development of Comprehensive Framework for the Vision
Phase I involved various activities, studies, and engagements, culminating in a comprehensive framework document for CV2060. Activities included study tours and reviews of economic development models and visions in other countries. Key milestones included internal consultations, a learning tour of Rwanda and Kenya, and consultations with international partners. The framework received approval from the NEC and the National Consultative Council and was endorsed by the cabinet in August 2023.
Phase II: National Sectoral Assessments
Phase II commissioned studies on core pillars and cross-cutting issues, conducting thorough analyses of Somalia’s past and present to establish a baseline and outline future possibilities. These studies were validated through policy forums and consultations involving stakeholders and experts. This phase ensured the integration of evidence-based insights through a comprehensive, participatory process.
Phase III: CV2060 Development
Phase III involved a participatory and inclusive process with Somali and international experts working closely with stakeholders from all regions. This phase aimed to design the vital pillars of the Vision, leading to a national consensus and shared understanding. Validation workshops ensured the accuracy of information and alignment with the aspirations of Somalis. The formulation of CV2060 followed a participatory approach to reflect the aspirations and needs of all Somali society segments. This approach engaged a broad range of stakeholders, including federal and state governments, civil society, the private sector, academia, development partners, and the Somali diaspora. The Vision builds on existing resources and future opportunities, providing an anchor for Somalia’s medium- and long-term development goals. It will be implemented through the country’s National Transformation Plan (NTP 2025-2029), subsequent MTPs, and sectoral and regional plans, which will map out strategic initiatives to achieve the Vision’s goals and aspirations.
World Consumer Credit Reporting Conference, Barcelona, Spain (Invited by IFC, the World Bank Group), 18 – 22 September 2022
Joint Bank of Ghana/Bank of England Regional Event on Climate Change Issues for Micro-prudential Supervisors (Virtual due to Covid-19), August 2 – 3, 2022
Association of African Central Banks, Eastern Africa Sub-Region Technical Meeting on Economic Policy in the Post-Covid Recovery Environment, Kampala, Uganda, July 11-14, 2022.
32nd Annual Productions & Operations Management Society Conference, Orlando, Florida, 21 – 25, 2022
Joint Bank of Ghana/Bank of England Regional Event on Microprudential Supervision, Crisis Management and Resolution (Virtual due to Covid-19), December 1 -3, 2020.
The 11th International Statistics Congress (ISC2019), Bodrum, Turkey, 4 – 8th October 2019
University of Kingston, London, Economics Research Seminar, 24th Jan 2018
The 2nd China-UK Microfinance and Rural Finance Conference, SMB, Aberystwyth University, 5 – 6th July 2016
China and Emerging Economies Centre Research Seminar, NBS, Northampton University, 21st March 2014
CSAE Conference on Economic Development in Africa, University of Oxford, 17 – 19 March 2013
The 26th Congress of the European Economic Association, Oslo, Norway, 25 – 29 August 2011
International Economic Association 16th World Congress, Beijing, China, 4 – 8 July 2011
CSAE Conference on Economic Development in Africa, University of Oxford 20 – 22 Mar 2011.