By  Goth Mohamed Goth

Ministry of Trade and Tourism convened earlier in the week a crucial high-level preparatory session in anticipation of the imminent Economic Sector Coordination Meeting, which saw the participation of Director-Generals and technical teams representing the country’s economic institutions.

This gathering was crucial for approving the 2024 sector calendar and budget and establishing a clear roadmap. Additionally, the Terms of Reference (TOR) for the ESCOM governing body were endorsed, emphasizing structured coordination. The establishment of the secretariat enhances operational efficiency and communication.

ESCOM, led by the Ministry of Trade and Tourism, is pivotal in NDP III, fostering discussions for economic development. The ESCOM is now central to the Somaliland Economic Forum, enhancing collaboration and strategic planning for sustainable growth.