Somaliland: Council of Ministers Approves 2017 Budget

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Horndiplomat-The Somaliland’s Council of Ministers has approved the budget for the year 2017 today  during their weekly Council of Ministers’ meeting. The Minister of Finance Ms.Zamzam abdi aden , presented the draft budget on Thursday in council’s weekly meeting chaired by President Ahmed Mohamed Mohamoud  Silanyo  Accompained by the Vice President Abdirahman Abdilahi saili.
The all ministers approved without vote abstention  a budget worth $ 362M thus facilitating the finance ministry to present it to the House of Representatives, the country’s lower chamber of parliament for either approval or rejection as per the constitution.
The 2017 budget  27.5% increase in previous fiscal budget of Somaliland.
No sections SLSH Dollar
1 The central Government 1,553,204,022,280 258,867,337
2 Indpendent Organisations 303,338,532,125 50,556,422
3 Local Government 208,570,347,257 34,761,725
4 The Budget of International Aid 97,268,562,000 16,211,427
5 the Project for Local Governance (JPLG) 12,722,892,000 2,120,482
Grand Total 2,175,104,355,662 362,517,393

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SOURCE:HORNDIPLOMAT

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