Somalia’s economy is fragile, relying on livestock, remittances, and informal trade. Market competition is minimal due to political instability and lack of infrastructure. Public policies focus on peacebuilding and poverty reduction, though governance challenges limit progress. Regulatory frameworks are weak, deterring investment. Somali society is predominantly rural and pastoral, with significant development needs. Education access is limited, with many children out of school. Healthcare services are inadequate, exacerbated by ongoing conflict. Climate challenges, including droughts and desertification, threaten food security. Somalia’s recovery depends on peace, stability, and international support.