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Published On: Sat, Dec 24th, 2016

Somaliland:Cabinet council endorses budget 2017 unanimously

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By M A Egge

The state has unanimously endorsed the nation’s annual budget for the year 2017.

According to a press release from the Presidency signed by the Presidential Spokesman Hussein Adan Egge (Deyr), the three sixty plus million dollar (USD) budget was 27.5% more than the previous one; thus two trillion plus local currency.

The release noted that the 210th cabinet meeting endorsed unanimously the budget which happens to be the 25 the country has had.

The Thursday’s meeting was chaired by the H.E President Ahmed Mohamed Mahmoud Silanyo and flanked b vice President H.E. Abdirahman Abdillahi Ismael Seyli’i.

The Press released similarly noted that the decision was met collectively by the cabinet council following long deliberations.

Basically the general budget for the year 2017 may be broken down as follows:-

No. Agency Sl/shs USD
  Central government 1,553204022,28 258,867337
  Parastatals 303,338,532,125 50,556,422
  Local government 208,570,347,257 34,761,725
  International grants 97,268,562,000 16,211,427
  Joint PLG 12,722,892000 2,129,482
  TOTAL 2,175,892,000 362,517,393
       

 

About the Author

- Mohamed Ibrahim Guled is the CEO, owner and chief editor of SomalilandPress

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