Somalia’s Currency Crisis Exposes Failures in Central Bank Leadership
Somalia’s Dollar Dependence Highlights Unfinished Central Bank Reforms MOGADISHU, Somalia — More than 30 years after Somalia’s monetary system collapsed, the country still has no functioning national currency—a reality that is putting renewed focus on the performance and leadership of its central bank. Since Governor Abdirahman Mohamed Abdullahi assumed office in April 2019, the Central […]
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Somalia’s Currency Crisis Exposes Failures in Central Bank Leadership
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About this article
- Length
- 9 words · 1 min read
- Published
- November 5, 2026
- Byline
- Axadle Editorial Desk