To contribute to the prosperity of the people of Somalia, through maintaining economic and price stability; and financial system stability to support sustainable growth through policy stimulus and advice.
To maintain price stability; and to build a robust, stable, up-to-date, and sound financial system.
The Central Bank of Somalia was established in 1968 as the country’s financial regulatory institution. After years of insecurity, fragility, and economic decline due to the collapse of the state in 1991, The Central Bank was revived and strengthened with the CBS Act of 2011.
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