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Published On: Thu, Jan 21st, 2016

Somaliland:We Should uphold the Integrity of our National Currency-President


DSCN0558By Goth Mohamed Goth

H.E President Ahmed Mohamed Mahmoud Silanyo, today (21.01.2016) during an a high level meeting held at the presidential palace met with top government official, including members of the Council of Ministers, Directors General, the managing directors of government agencies, and commanders of the various armed services.

During the meeting the Presidential appointed advisory committee to look into the current country economic woes and inflation presented their findings and recommendations.

On the other hand, the aim of the conference was to discuss the role of the government in raising confidence, trust and promoting use the currency Somaliland and ways in which to prevent depreciation of national currency.

President Silanyo speaking during the meeting said, “Every nation has its own flag and symbols to identify with as national identity. Somaliland shilling is our national currency hence one of those national symbols , so the government must act now rather than later to protect the integrity of our currency.

He added, “It’s a shame that we as the citizens of this nation have lost confidence in our own national currency and further saddening to see even top state officials opting to receive their salaries in form of foreign currency instead of our own. This kind of behavior is unacceptable and will no longer be tolerated.

President urged government official’s to strongly highlight the use, worth and reliability of our national currency as national priority.

Therefore President Silanyo once reiterate that it was the duty of every government officials to uphold and implement the provisions of the recommendations of the Presidential Advisory Committee on inflation as a matter of national policy that requires full and complete support.

Therefore, the head of state once again reiterates the need for Government officials to lead the way in the implementation of policy and also follow up.

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