Public Financial Management Roadmap Action.

This roadmap is designed to serve as a living document for strengthening and improving the use of country systems (UCS) in Somalia. It provides background (section 1), articulates agreed commitments for both government and partners (section 2), and elaborates guidance on a few prioritized dimensions of UCS (section 3). The roadmap was developed by the Use of Country Systems (UCS) working group comprised of representatives from the Federal Government of Somalia (FGS) and international partners, including donors, UN agencies and International Financial Institutions (IFIs).

The World Bank governance operations in FGS are focussed on building institutions to enhance service delivery.

The Domestic Revenue Mobilisation and Public Financial Management Capacity Strengthening Project (DRM & PFM) project is strengthening systems for revenue mobilisation (to ensure increased revenue collection) and expenditure management (to help government spend it wisely).

August 2021 Consolidation Report

The Federal Government of Somalia launched today a series of initiatives to ensure that the Somali National Army troops are paid in a consistent and timely manner.

Ministry of Finance of Somali Government proposed a meeting with general directors of finance department of federal state in Nairobi. This four days meeting will be discussed on the easiest ways to get a common procedure and national understanding to collect taxes in the country. The board will focus on evaluating differences in taxes and the effect it might have on the economy of the country and the people.

The FGC has today released its first Financial Governance Report. The report sets out the financial governance priorities the FGC believes need to be addressed in the coming year to strengthen state building efforts going forward.

The Financial Governance Committee (FGC) today held its 23rd meeting in Villa Somalia, Mogadishu.

The meeting was preceded by a two-day meeting in Mogadishu between the Federal Minister of Finance, H.E. Dr. Abdirahman Beileh, and his regional counterparts which was supported by the FGC.

The Financial Governance Committee (FGC) today held its 24th meeting in Villa Somalia, Mogadishu. The Federal Minister of Finance and Chair of the FGC, H.E. Dr. Abdirahman Beileh welcomed H.E. Dr. Abdirahman Abdi Hashi, Minister of Fisheries and Marine Resources and representative of the Cabinet Inter-Ministerial Economic Committee, as a new member of the FGC.

The Financial Governance Committee (FGC) today held its 28th meeting at the Ministry of Finance Building, Shangani, Mogadishu.