The Financial Governance Committee Meeting Summary of 08 March 2022 in English is Below:

Release of 2021 Financial Governance Report

List of contracts and concessions reviewed by the FGC since 2014 

As at end October 2018

This Advisory Note is a guidance to development partners on how to bring their aid to FGS institutions on-budget and on-treasury in accordance with the 2019 PFM Act.

Financial Governance Committee takes stock of Somalia’s near-term financial challenges

The Financial Governance Committee (FGC) today held its 34th meeting in the Ministry of Finance offices in Mogadishu.

The FGC Communication Strategy aims at improving internal and external communications, both within the FGC and towards a wider audience of stakeholders involved in strategic financial governance issues. Click the below to download the strategy.

FGC Press Release – 31st August 2020

Release of 2020 Financial Governance Report

H.E. Dr. Abdirahman Beileh, Minister of Finance and Chair of the Financial Governance Committee (FGC), has released the FGC’s fourth Financial Governance Report.

The Financial Governance Committee (FGC) was established in early 2014 by mutual agreement between the Federal Government of Somalia (FGS), donors and International Financial Institutions (IFIs) to provide a forum for dialogue and advice on strategic financial governance issues. The FGC’s mandate is renewed annually, subject to agreement between the Federal Government and the international community.

In March 2017, the FGC published its first comprehensive Financial Governance Report (FGR). The 2017 FGR provided an assessment of financial governance challenges in Somalia and recommended several priority actions to strengthen financial governance and state-building efforts in the next twelve months.