Training for the heads of the departments


Hargeisa 17-Feb-2021 (Hargeisa)-Somaliland Minister of Finance Dr. Saad Ali Shire opened performance management and adaptive leadership training for the heads of the departments.

Highlighting the achievements of the Ministry of Finance Development of the last quarter of 2020 (October-December)

A workshop was held today at the premises of the Ministry of Finance Development of the Republic of Somaliland to highlight what has been achieved over the past three months based on the annual work plan of 2020.
With the presence of the leadership of the Ministry, namely the Minister of Finance Development Dr. Saad Ali Shire, Deputy Minister Muse Ibrahim Yusuf and Director General Md. Mohamed Abdi Gurhan, the heads of each department presented their achievements against existing plans as well as unfinished works, challenges they faced and recommendations for the way forward.
In today’s workshop, presentations reflected successful results of the departments and consistent improvements regarding the way departments undertake their works.
The quarterly plans are usually being derived from the annual plans which are based on the Ministry’s five-year strategic plan. To track the progress continuously, they are reviewed on quarterly bases.
Moreover, the executives of the Ministry discussed in the meeting the impact of COVID 19 and locusts, two factors that adversely affected the economy and productivity of the country and in turn led to gaps in the projections of the 2020 annual national revenue.
After many hours of review, reflection and discussions, the Minister of Finance Development Dr. Saad Ali Shire closed the meeting. In his remarks, he commended the departmental leaders for their performance and commitment to their duties. At the same time, he encouraged them to prepare themselves and their teams for a hard work in the year of 2021.

Department of Public Relations and Information
Ministry of Finance Development
www.slmof.org/Som.slmof.org
Email: Info@slmof.org
Tell: 513856
Whatsapp: +252657729999

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The Berbera Corridor Project Coordinator of the Ministry of Finance has today organized the monthly meeting


Hargeisa 13-Jan-2021 (MoFD) The Berbera Corridor Project Coordinator of the Ministry of Finance has today organized the monthly meeting of the Joint Steering Corridor Committee of the Berbera Corridor Project.
The meeting, chaired by the Minister of Finance Dr. Saad Ali Shire, focused on the annual works plans of the Berbera Corridor Coordination Office of 2021. The draft Act and policies that would govern the Project in 2021 was also presented in the meeting. The Committee is expected to draft and approve the governing policy of the coordination office in early 2021.
Among the attendees of the meeting were the Minister of Trade, Tourism & Industry, Deputy Minister of Finance Development, Chairman of the Chamber of Commerce, Chairman of the Quality Control Commission, Berbera Corridor Project Coordinator, Head of Trademark East Africa in Somaliland, Senior officer from Berbera Port Authority, DP World, officials from the Central Bank, Ministry of Transport and Road Development and the Ministry of Commerce.

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Ministry of Finance & Central Bank set a system to monitor all MDA’s accounts opened Private Banks.


Hargeisa 12-Jan-2021{MoFD}- The Ministry of Finance and the Central Bank have agreed on a system to monitor government accounts in private banks for project grants.

The Ministry of Finance Development and the Central Bank have conditioned prior authorization from accountant General all MDA’s opening accounts in private banks and have issued regulations in order to ensure accountability principles.

A meeting the Ministry of Finance Development & the Central Bank, and attended by the Deputy Minister of Finance Mr. Muse Ibrahim Yusuf (Selef), Governor of the Somaliland Central Bank Mr. Ali Ibrahim Baghdadi, Director General of the Ministry of Finance Mohamed Abdi Gurhan, Accountant General Ahmed Daud Gedi, Central Bank officials and Private Bank officials, were discussed how to unify the financial activities of all MDA’s and, at the same time, obtain their comprehensive budget, including projects grants funds, to ensure principles of Transparency and Accountability.

After conclusion, the meeting was reached following points; Every government agency that opens an account with a private bank must first have the approval of the Accountant General on behalf of the Government and Ministry of Finance of the Republic of Somaliland.

The second clause states that the Central Bank must add consent letter to the authorizing latter opening account in private banks, issued Office of the Auditor General.

The meeting also called all MDA’s monthly submit a full monthly report on their activities in private banks through the Central Bank of Somaliland.

The fourth point agreed was all MDA’s to submit a comprehensive report on their current account status opens at Private Banks.

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I witness how women hold most important positions in the Ministry of Finance.


Hargeisa 06-Jan-2021(MoFD)-Minister of MoLSA Hinda Gani Hirsi praised how Ministry of Finance entrusted women with the guardianship of national assets collected from the taxes of our people..

Minister Hinda Gani who attended a workshop event to charter procedural working plans for the ministry hence acknowledging the excellent performances by the treasurers of the Inland Revenue Department, said that she witnessed how women held the most important positions in the Ministry of Finance.

The Minister of Finance, Dr. Saad Ali Shire, commended the work by treasurers adding, that if a taxpayer has a problem with the treasury office, he or she sees the government performance as bad, while, on the other hand, if one welcomes the services, one will take a positive view of the government as a whole.

Dr. Saad Ali Shire, speaking at the event noted that the treasury as being the image of the ministry at large, and so, is their performances.

Director of Inland Revenue stated that the purpose of their meeting was to prepare work plan of the Inland Revenue department 2021, and ways executing their responsibilities.

Director General of Finance Mr. Mohamed Abdi Gurhan said that whether the Inland Revenue treasurers have received the message of the Ministry and implemented will be reflected in your offices.

Director of Inland Revenue also echoed that the purpose of their meeting was to prepare work plan of the Inland Revenue department 2021, and ways executing their responsibilities.

The Minister of Employment and Family Affairs, Madam. Hinda Gani Hirsi, praised how Ministry of Finance entrusted women with the protection of national assets collected from the taxes of our people, without external support.

Minister Hinda added she was happy to witness how women held the most important positions in the Ministry of Finance.

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Ministry of Finance celebrated its triumphs in applying the IFMIS


Hargeisa 30-Dec-2020 {WHM}-Ministry of Finance celebrated its triumphs in applying the IFMIS, the Minister of Finance Dr. Saad Ali Shire commended all the staff of IFMIS, and said that IT is the brainchild of the ministry, and that all needed to work hard to achieve the national development goals.

An event organized by the Ministry showcased its achievements in the Automated Financial Information Management (IFMIS) system for 2020.

Speaking at the event, IFMIS director Amin Abshir Ahmed explained the importance of the system and how it works.

“Today throughout the country from Zeila to Lasqoray all expenses and revenues go through IFMIS, we can thus monitor the revenue and expenditure transactions”, he said.

 

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House of Representatives Approve 2021 Budget by Majority Vote


Hargiesa 26-December-2020 (MoFD)-House of Representatives approved the 2021 Annual Budget Estimates and attached the proposals of the House Finance Committee.

The 2021 overall annual budget forecast is 4.8% more than the budget for the year ending 2020, comprehensively.

Yesterday’s session of the House chaired by Speaker of the House of Representatives of Somaliland, Mr. Bashe Mohamed Farah which was attended by 42 members, was approved by 27 members, rejected by 5 members, while 9 members abstained.

Earlier, the Minister of Finance Dr. Saad Ali Shire presented to the House of Representatives 2021 Annual Budget of the Government dated 8th Dec, 2020, which the cabinet ministers endorsed unanimously on 5th Dec.

The national budget, which consists of factorials as per the central and local government, the parastatals, the Somaliland Development Fund (SDF), World Bank and the Joint Programme on Local Governance (JPLG), will mainly prioritize and zero in on the following sectors:-

Security

Justice

Health

Production

Rural (Development)

Energy

Good governance

Election

Education

Recognition

The budget is earmarked at 2.882 billion SL Shs. It grossly surpasses the past years budget by 4.8%.

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“I want to leave visible legacy to the successor of the ministry"


Hargeisa 20-Dec-2020 { MoFD} The Minister of Finance Dr. Saad Ali Shire has said that he will leave a visible legacy to the successor to the ministry, at a meeting held in Hargeisa on Sunday to discuss the ministry’s 2021 plan.

The meeting, which discussed the 2021 action plan, also discussed the best way for each Department to implement its Action Plan.

The meeting was attended by the Minister of Finance, Dr. Saad Ali Shire, the Deputy Minister, Mr. Muse Ibrahim Yusuf (Salef), the Director General, Mr. Mohamed Abdi Gurhan, National Accountant General Ahmed Daud Gedi, all Directors and Deputy Directors of the 14 Departments of the Ministry of Finance of Somaliland contains.

The Minister of Finance, the Deputy Minister and the Director General made brief remarks at the meeting, all of which highlighted the importance of the meeting, urging the heads of departments to carry out their duties effectively, stating that each department will be held accountable for its plans. .

Speaking at the meeting, Minister of Finance Dr Sa’ad said, “I want to leave visible legacy to the successor of the ministry, and leave a structure that is appropriate for the work of the ministry, systems, skilled staff and suitable infrastructure that facilitates the work. That legacy will be valuable to me and the nation too. ”

Elaborating on the importance of the 2021 plan meeting, Dr Sa’ad said it is part of the governance process, which begins with a vision, purpose, plan, implementation and review, saying, “your ambition’s achievement depends on how you plan. ”

Speaking on the occasion, Deputy Minister of Finance Muse Ibrahim Yusuf (Salef) said, “This is a meeting to plan for what we will be doing in 2021, which will make us easier to implement timely our plan.

Director General, Mr. Mohamed Abdi Gurhan, said, “We have come together to analyze and focus on our 2021 action plan, in order to come up with a plan that is in line with the Ministry’s 5 year strategic plan).

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Ministry Of Finance Development Opens New One-stop shop Offices in the Central Bank and the Ministries of Justice and Public Works.


Hargeisa 14Dec-2020 (MoFD) Ministry of Finance opens new offices in the Ministries of Justice and Public Works and the Central Bank branches.

Minister of Finance of the Republic of Somaliland Dr. Saad Ali Shire accompanied by Deputy Minister Md. Muse Ibrahim Yusuf, Governor of the Bank Md. Ali Ibrahim Baghdadi, Accountant General of the Government Ahmed Daud Gedi, and the Director of the Central Bank, Mr. Ahmed Hassan Carwo, jointly opened two offices for the Office of Public Accounts secured within the 2nd and 3rd branches of the Central Bank.
These offices will check the revenue before it is depositing , the move will eliminate the burden and delays prior faced in depositing the government’s revenue as the Office of the Revenue Auditor and the Bank were are located at different locations.

The Minister of Finance of the Republic of Somaliland and the Directors General of the Ministries of Public Works and Justice also jointly opened new offices for the Ministry of Finance will have within the Ministries of Justice and Public Works.

Speaking on the importance of the offices, the Auditor General said that these offices are meant to facilitate the depositing of government revenue, as the offices of the Inland Revenue Department have increased.

The Governor of the Central Bank welcomed the Ministry of Finance and the Accountant General to have offices in the branches of the bank, as we share close working relationship.
The Minister of Finance, Dr. Saad Ali Shire, said in a statement that the offices we have opened here today have been made possible by our cooperation with the Central Bank, and I thank the Governor and the Director General.

The Minister of Finance also cut ribbon two new offices the Inland Revenue Department opened in the Ministries of Public Works and Justice.

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Leaders of MoFD talked to the Sub-Committee of Financial Management of the House of Representatives.


Hargeisa 12.12.2020 (MoFD) Minister of Finance Development of Rep. of Somaliland Dr. Saad Ali Shire together with the Deputy Minister Muse Ibrahim Yusuf and the Director General Mohamed Abdi Gurhan today talked to the Sub-Committee of Financial Management of the House of Representatives.
Leaders of MoFD briefed the committee on the country's financial management in general and specifically the 2021 annual budget projections. The House of Representatives are expected to approve it in the coming days.

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The Ministry of Finance Development opened a workshop on the Draft Special Economic Free Zone Act


Hargiesa 09.12.2020 (MoFD) The Ministry of Finance Development opened a workshop organized by Berbera Corridor Coordination Office to discuss the importance of the Draft Special Economic Free Zone Act.
The aim of the workshop was to explain the importance of the draft Act to the MPs who are currently reviewing it.
Among the notable attendees of the workshop were the Solicitor General, the Director General of MoFD, Somaliland Ports Manager, the Chairperson of the Ports Committee, the Acting Chairperson of the Sub-committee of the Financial Management of House of Representatives and members of the House and other MPs.
Fulfilling their constitutional mandate, MPs asked questions the Minister of Finance Development, Dr. Saad Ali Shire and the Solicitor General who answered all of them.
This Act, once implemented, will not only play an instrumental role in increasing the use of the strategic international port of Berbera but also it will potentially attract prospect investors.

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Traders in Berbera trained on new customs rules and procedures


08/12/2020. The customs department has delivered a training to raise the awareness of traders and clearing agents in Berbera of the Customs Act and regulations.

Traders were instructed on customs rules and procedures in a range of areas, including customs clearance for imports and exports, tariff classification and valuation, as well as new procedures for customs auctions and simplified transit permits. Partners and stakeholders of the Ministry, including DP World, the Somaliland Freight Forwarder Association (SOFFA) and the Somaliland Chamber of Commerce, took part in the training.

This is the second round of training organised for traders in Berbera. New, clearer customs rules and procedures are intended to improve the efficiency of trade to and from Somaliland. Improving trade facilitation is part of the Ministry’s efforts to modernise customs administration with the support of the UK-funded Prosperity from Revenue (PROFR) programme, implemented by Oxford Policy Management.

For more information, contact Public Relations and Information Department of MOFD- info@slmof.org, www.slmof.org

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The House of Representatives of the Republic of Somaliland approved today a supplementary budget requested by the Ministry of Finance.


Hargeisa 06, 12, 2020 (MoFD) The House of Representatives of the Republic of Somaliland has today, in its 44th session, approved by a majority vote a supplementary budget of 55.585 Billion Somaliland Shillings (Fifty-five Billion and Five Hundred and Eighty-Five Million). The amount is from the ending surplus balance of the national revenue the Ministry generated in 2019.

The supplement, which is the first ever submitted to the House of Representatives, will be used to cover the economic, health problems and the decrease of productivity caused by the COVID-19 and locust.

According to Article 9, paragraph 1 and 2 of the National Financial Management Act No. 75/2016, for any extra revenue or expenditure that is not included in the previously approved budget, the Minister of Finance Development shall submit request for approval to the House of Representatives so that the amount could be utilized.

Considering the above legal provisions, the Minister has written a letter to the House of Representatives on August 17, 2020 requesting the expenditure of the supplementary budget and secured the approval of the House of Representatives.

The supplementary budget will fill the gaps in the national budget of 2020 created by the impact of COVID 19 pandemic.

For more information, contact Public Relations and Information Department of MOFD- info@slmof.org, www.slmof.org, Whatsapp: +252-657729999, Tell: +2522-513856.

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Tax data entry staff trained on taxpayer registration and returns processing systems


04/12/2020. Staff from Inland Revenue district offices in Hargeisa were trained on how to use online tools to register taxpayers and process their tax filings.

The Inland Revenue department is using digital systems to make taxpayer administration and services more efficient and accountable. The systems enable tax officials to easily register taxpayers, update their details, and assist them in processing their tax returns.

The Ministry of Finance Development is working to modernise tax administration, with support from the UK-funded Prosperity from Revenue (PROFR) programme, implemented by Oxford Policy Management.

For more information, contact Public Relations and Information Department of MOFD- info@slmof.org, www.slmof.org

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Somaliland Cabinet Approves 2021 Annual National Budget Which is 2.9% more than the 2020 Budget


Hargeisa, 05-Dec-2020 (MOFD) An extraordinary meeting was held today at the Presidential Palace by the Council of Ministers of the Republic of Somaliland, chaired by the President of the Republic of Somaliland, HE Muse Bihi Abdi together with the Vice President of Somaliland, HE Abdirahman Abdillahi Ismail (Saylici). After a long debate and discussion, the Council of Ministers approved the 2021 annual national budget which was presented at the previous weekly meeting of the Council of Ministers.

The annual budget comprises six parts:

•       The National Government

•       Local Governments

•       Independent Government Agencies

•       SDF

•       World Bank

•       And GPLG

The projected annual budget for 2021 is 2,882,000,000,000 (two trillion eight hundred and eighty-two billion). The projected revenue of the national Government is higher than the 2020 budget by 2.7% while the overall projected budget is 2.9% higher than the 2020 budget.

The 2021 national budget priorities are:

1.     Security

2.     Justice

3.     Health

4.     Education

5.     Production

6.     Environment

7.     Energy

8.     Good governance

9.     Elections

10.   Recognition (of the country)

Moreover, the 2021 annual budget, which is the 30th national budget of the Republic of Somaliland, is in line with national development plan II, the political program of Kulmiye party and the Public Financial Management Program (PFM).

The annual budget will be submitted to the Somaliland House of Representatives for approval to fulfill their constitutional mandate.

For more information, contact Public Relations and Information Department of MOFD- info@slmof.org,  www.slmof.org, Whatsapp: +252-657729999, Tell: +2522-513856.

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Workshop on the Public Financial Management Reform for Heads of Independent Agencies


Hargeisa 28-Nov-2020 (MOFD) The Ministry of Finance Development of the Republic of Somaliland has organized a workshop for the heads of the independent agencies with the aim of introducing Integrated Financial Management Information System (IFMIS), chart of accounts and the public financial management reform program.
The IFMIS and budget departments as well as PFM Program representatives briefed the invited officials who, from their side, acknowledged the potential positive impact this program could have on the public financial management and budgeting exercises.
For more information, contact Public Relations and Information Department of MOFD- info@slmof.org, www.slmof.org, WhatsApp: +252-657729999, Tell: +2522-513856.

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A THREE-DAY WORKSHOP on INVESTIGATION of FRAUD and IRREGULARITY CRIMES


Hargeisa 24.11. 2020 (MoDF) The PFM Coordination Department in partnership with the Office of the Auditor-General has organized a Three-day Workshop on Investigation of Fraud and irregularity Crimes for 18 participants from key judicial organs including the office of Attorney General, the Police, the Criminal Investigation Department (CID), and judges from local courts, on November 24, 2020, at Ambassador Hotel, Hargeisa.
The workshop aims to establish improved understanding and collaboration of the judicial organs in their investigation and management of fraud and irregularity crimes.

The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030

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Accelerating transformation of financial closure system and public finance management reform program


Hargeisa, 23-Nov-2020 (MODF) The Deputy Minister of Finance Development Mr. Muse Ibrahim Yusuf (Selef) visited today the Office of the Accountant General to expedite the implementation of the remaining parts of 2020plans of the Accountant General regardingtransformation of the financial closure system and other aspects of the financial management.

The Accountant General Md. Ahmed DaudGedi briefed the Deputy Minister on the progress made so far and then the two of them jointly met with each of the heads of the departments of the Accountant General’s Office to get detailed updates on progress and challenges of the program.

The Accountant Generals Office is one of the core offices of the country's public financial management program and, for the first time, the office will formally close the accounts based on the automated financial data management system, which will make easier the Auditor General's activities with regard to monitoring and investigations.

The Ministry of Finance of the Republic of Somaliland has in recent years been working to transform the financial management of the country.A special office has been established and rules and regulations have been enacted to implement financial managementreform related activities. The departments and sections of the Ministry of Finance Development havebeen reorganized, the finance and administrative offices of ministries, independent agencies and security forces have been upgraded and the capacity of the relevant staff have been enhancedin order to align with the Public Finance Reform Program. Today, all ministries, agencies and security forces use electronic systems in their financial management activities including budgeting, payment of expenses, financial closure as well as revenue deposits.

Despite having limited resources and getting little support from the international community, Somaliland is committed to abandon the traditional systems of financial closures and ensure the full implementation of public financial management reform that is inline with the best practices in the developed world.

The purpose of this reform process is to promote accountability, transparency, and overall financial management use of public finances in the country.

 

For more information, contact Public Relations and Information Department of MOFD- info@slmof.org, www.slmof.org, Whatsapp: +252-657729999, Tell: +2522-513856.

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A Validation Workshop


 Hargiesa 17,11,2020 (MoDF)The PFM reform Coordination Department has organized a Validation Workshop on Somali versions of key Internal Audit Manuals, FMIS User Guides and Policies, and implementation Policy for International Public Sector Accounting Standards (IPSAS) cash basis, on November 17, 2020.
In his opening remarks, the Deputy Minister of Finance Development Hon. Muse Ibrahim Yusuf has emphasized the significance of having these manuals and User Guides translated into Somali – which he said does not only give civil servants the simplicity to comprehend and understand the instructions but also a sense of ownership.
Similarly, the Director General of the Ministry of Finance Development Mr. Mohamed Abdi Gurhan has encouraged participants to verify the translation of key terms into Somali in manuals, user guides and policies and to maintain a consistence in the translation of key terminologies.
The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030.
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A second-round training on taxpayer online service portal


The Ministry of Finance Development organized asecond-round training on the recently launched taxpayer online service portal for 60 taxpayers in an effort tofacilitate a self-service tax payment at taxpayers’ own convenient time and place.

During the pilot phase, MOFD will start the taxpayer online service system with the collection of income tax as well as goods and services tax.

The online service portal will also help taxpayers get access to the information they need including, but not limited to, tax laws and regulations, template forms, guide to the taxpayer's rights and obligations and complaint submission procedures. In addition, the system automatically calculates the amount of tax due for each taxpayer.

The taxpayers who participated in the second round of the training were from the local non-governmental organizations and international organizations who already comply with the taxpayments.

As a part of public finance reform programme, the online service portal is expected to significantly enhance the revenue generation for the country.

For more information, contact Public Relations and Information Department of MOFD- info@slmof.org, www.slmof.org

 

Ribbon cutting ceremony for upgraded parts of Egal International Airport Custom


Hargeisa, 02-Nov-2020 (MoDF)- The Minister of Finance Development Dr Saad Ali Shire, Deputy Minister of Finance Development Muuse Ibrahim Yuusuf (Selef), Commander of Immigration Department Gen. Mohamed Osman Alin and the Director of Civil Aviation Authority Captain Ahmed Mohamed Rodolhave today jointly cut the ribbon to open recently established parts of Egal International Airport Custom which consist of 18 newly built offices for the Immigration Department and custom officers, new archives store, a cash office, refurbished inventory warehouses and firefighting facilities installed in the inventory warehouses, immigration offices and the quality control office.

The upgraded parts of Egal International Airport Custom also get more reliable and stronger electricity power generation system that is able torun refrigerators and cold chains accommodating drugs, beverages and liquid products.

Moreover, MOFD modernized the custom with ground support equipment and CCTV cameras installed in the warehouses. The Ministry also for the first time adapted an automated Single Administration Document “SAD” and warehouse database at Egal International Airport Custom.

There have recently been changes that the Ministry implemented to improve the services of customs in relation to imports, exports, inventory management, enhancement of human resource capacity as well as customer care services.

For more information, contact Public Relations and Information Department of MOFD- info@slmof.org, www.slmof.org

A workshop on the role of administrative and finance officers in the revenue generation and cost reduction


Hargeisa 28 Oct,2020 (MoDF) The Ministry of Finance Development of the Republic of Somaliland has today organized a workshop in which the admin and finance officers of the ministries and independent agencies of the government discussed the role they can play in the revenue generation and reduction of government costs, following a similar workshop conducted for the Director Generals and Chairpersons of Government institutions on 23rd February this year.
During the workshop, it was also discussed the role of admin and finance officers in the public finance management including the development of national budget, revenue generation, monitoring and evaluation of projects as well as the ongoing public finance management reform.

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One-Stop Shop Office


Hargiesa 26 Oct, 2020 (MoFD)The Minister of Finance Development of the Republic of Somaliland Dr. Saad Ali Shire and Miniser of Transport and Roads Development Abdillahi Abokor Osman have today jointly cut the ribbon to open a new one-stop office which will facilitate the vehicle ownership documents and replacement of loss plate numbers. Citizens should no longer go to places that are far from each other for these services.

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MoFD's office in the chamber of commerce


Hargiesa 27 Oct,2020 (MoFD)Today we opened a new office at the Somaliland Chamber of Commerce, to make it easier for traders to access our services. It won't be a cash office, it will be an office that provides services including registration.

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July-September achievements reports


Hargeisa 21-Oct-2020, MoFD's departmental heads presented today reports on achievements of the quarter (July-September) and planed milestones of the next quarter (October-December).

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Buuhoodle football team opened their office in Buuhoodle city


Buhodle 21-Oct-2020 (MoFD)The MOFD Buuhoodle football team opened today their office in Buuhoodle city in a ceremony participated by the leaders of the region as well as regional officers of the ministries.

Training of Taxpayers

Hargeisa 21-Oct-2020 (MoFD) The Minister of Finance Development opened training on payroll income tax & goods and services tax for some of the taxpayers.

Taxpayer Portal

Hargeisa 12-Oct-2020 (MoFD) Somaliland Ministry of Finance Development launched today Taxpayer Online Service Portal that will easy taxpayers a self-service tax payments at their own convenient time and place.

 

 

The #PFM reform Coordination Department has organized a three-day Workshop on the validation of Somaliland PFM reform second phase Strategy (2020 – 2024)


Hargeisa 11 Oct,2020 (MoDF) The event was officially opened by the Deputy Minister of Finance Development Hon. Muse Ibrahim Yusuf, and attended by representatives from the PFM reform stakeholders. The Director General of the Ministry of Finance, Mr. Mohamed Abdi Gurhan has emphasized the significance of having a revised reform strategy to achieve anticipated reform objectives.
The second phase of the PFM reform strategy outlines the implementation approaches of the planned reforms in the next five years.
During the three-day workshop, the participants will collectively review and analyze the draft strategy, before validating and endorsing the final version.
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Fixed Asset Policy


The Council of Ministers chaired by the president Hon. Muse Bihi approved Public Property Policy on17th Sept2020.The Policy, which the Ministry of Finance & Ministry of Public works jointly developed, will contribute to the effective management of public finance

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Training for cashiers


Hargeisa 17, 09, 2020 (MoFD) The Mof Dr. Saad, opened import training on17th Sept for 80 cashiers working at the IRD Dept, 60of them females. During the training, a new automsystem which is interco all revenues related to the transport including roadtax, salestax and plateNo was launched for the first time.

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Hargeisa 09-Sept-2020(MoFD) It was an honor to host the Annual Taxpayer Appreciation Day 2020. An appreciation certificates were given to 65 good taxpayers from all regions of Somaliland.

Hargiesa 6,9,2020 (MoDF)The year 2021 govr budget will be a comprehensive one, which includes the details of all the auto agencies, local gov institutions, and the Int. donors .To prepare and readiness MoFD has prov training to 11 local gov officials on the use of IFMIS and Chart of Acts.

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Sonyo Cup 2020

MoFD's football team of M/Jeex region won the SONYO CUP 2020.


Harg, 13 Aug,2020 (MoFD)The football team of the Ministry of Finance of M/Jeex region has to day won the SONYO CUP 2020. They defeated 5-0 against the Military team. Congratulations on your success.

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A luncheon for the ministry’s M/Jeeh region football players


Harg,11 Aug, 2020 (MoFD) The MoFD today hosted a luncheon for the ministry’s M/Jeeh region football players, due to the victory over Sonyo Cup.They will play against the military F. team in the final tomorrow. As a ministry, it seems to us youth motiv. as a very important issue.

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A two-day workshop on Review and Amendment of the Public Financial Management law

Harg, 11 Aug, 2020 (MoFD) The PFM Coordination Department in partnership with the Public Accounts Committee of the House of Representatives (PAC) has organized a two-day workshop on Review and Amendment of the Public Financial Management law.

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Tax Tribunal Committe


HRG. Aug 8, 2020 (MoFD) a ceremonial launched was held for the establishment of Somaliland Tax Tribunal Committee today. This Committee is an independent, established under Article 209 of Law No. 72/2016.

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Two Days Workshop Meeting

Harg 26/July/20 (MoFD) a two days workshop meeting concluded today, was assessing the performance of the IRD and Customs Depts. Jan-June/2020. The IRD exceeded their six-month revenue estimates by 4%, while customs have fallen short 10% of their required income due to Covid-19.

Six Months Achieved Dept

Hargiesa 21/07/020 (FDM) The different Dept. of the MoFD, Office of the Accountant General, and the Office of the Coordinator of the Financial Management Reform Project (PFM) presented the progress reports of activities planned and achieved in the first six months 2020 to the Minister and DG of MoFD.

Food shortage


There is no concern about food shortage, so there is no reason to increase the price of food and save it. No one has ever been infected in our country with Covid-19.

We are telling the public to remain calm, and to take good care of the instructions of the National Corona Committee, and the health authorities, and pray to Allaah and trust to him.

 

Impact of Covid-19 on Economy


Hargiesa 19, 03, 2020 (MFD)Conference on Analyzing Impact of Covid-19 on World Economy, and particular on S/land, and Fostering the Role of Economists.

 

 

 

Country’s currency in a steady and reliable rate


Hargeisa 09/03/2020 (MoFD) Somaliland’s currency has suffered a sharp fall over the past few years, but to day stands at a steady and reliable rate. The ruling government led by president Muse Bihi Abdi, has come up with a policy to boost the country’s currency.

Promoting use of Country Financial Management System for External Funds


The PFM Reform Coordination Department has organized a Consultative Meeting on Promoting use of Country financial management System for external funds received by Ministries, Departments and Agencies, and abolishing the collection of fees that do not appear in the national budget.

The Meeting was held at Ambassador Hotel on February 08, 2020, chaired by the Deputy Minister of Finance Development Hon. Muse Ibrahim Yusuf and Facilitated by the Director General of the Ministry of Finance Development Mr. Mohamed Abdi Gurhan.

The Ministry of Planning and National Development, the Central Bank, Office of the Auditor General, Technical team from the House of Representatives, Accountant General Office and other key Departments of the Ministry of Finance Development including the SLFMIS, Internal Audit, Budgeting and Planning were in attendance.

The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030

 

site supervision of customs offices


Hargeisa 07.02.2020 (MDF) the Deputy Minister of the Ministry of Finance Development, Mr. Muse Ibrahim (Selef) and the Director General of the Ministry, Mr. Mohamed Abdi Gurhan, had site supervision of customs offices in Abaarso, Kala-baydh and Wajaale. The purposes of this supervision were to observed and monitor the work environment in the offices. It was followed by a tour in Egal International Airport and the Berbera Port Customs.

SLFMIS Training on: Payroll, Contract Management, and E-Voucher:


The DRM&PFM Reform Coordination Unit in collaboration with the SLFMIS team has organized 9 (nine) days of training on payroll module, contract management module and e-voucher for the central government ministries, departments and agencies (MDAs). The training was intended to equip the Admin and Finance, Accountants and Human Resource Officers on the different skills, knowledge, and information on the application of the intended modules. Somaliland Financial Management Information System (SLFMIS) is an automated financial management information system with different modules. SLFMIS is part of the broader PFM Reform in Somaliland.

The Payroll Module controls the payroll payment and will be linked to both the Human Resource Management Information System (HRMIS) and Somaliland Central Bank to ensure that payroll payment is efficient and effective and to avoid wrong and delayed payment. The Bank will release payments using the E-shilling platform which is integrated into ZAAD and E-dahab, this new payment system was piloted to the Ministry of Finance and successfully implemented for the last two months. The Contract Management Module controls the Contracts signed by the Government institutions and ensures that payments are directly linked to the achievement of agreed milestones or deliverables. This Module also avoids double-payment and payment without performance.

The PFM strives to achieve the highest possible efficiency, transparency, and accountability in the allocation, management and use of public finances to meet the national Development Plan priorities and stimulate economic growth.

 Taxpayer Perception Survey


Hargiesa 29,01,2020 (MDF) A team from Busara, a consultant company contracted by PROFR/OPM project to carry a Taxpayer Perception Survey is conducting a two days training for directors and staff of ministry of finance development including IRD and Customs.

Somaliland started an e-shilling


Hargiesa 14,1,2020 (MDF) Somaliland started an e-shilling service which will enable government employees to receive their salaries electronically. This program worked jointly by the Ministry of Finance Development and the Central Bank.

Public Discussion for Somaliland's budget 2020.


Hargeisa (MFD), 09/01/2020 Public Discussion organised by ISIR (Institute for Strategic Initiatives and Research). The minster Dr. Saad Ali Shire answered questions from the public which covered the Somaliland budget 2020

11
12
13

Validation of Public Asset Management Policy


The PFM Coordination Department has organized a one-day validation workshop for Fixed Asset Management Policy on December 29, 2019, at Grand Haadi Hotel Hargeisa.

The one-day workshop event was officially opened by the Minister of Finance Development Hon Dr. Saad Ali Shire who stressed the need to have Asset Management Policy to safeguard public assets, ensure transparency and achieve accountability.

The event was attended by key stakeholders of public asset management including the Ministry of Transport and Roads Development and relevant departments of the Ministry of Finance Development.

The objective of this policy is to facilitate the effective and efficient management, registration, control and safeguard of public fixed assets. The policy stresses full life-cycle management from procurement through maintenance to disposal.

The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030.

MFD Annual Work Plan Review Meeting.


Hargiesa 17,12,2019(MFD) The Minister of Finance Development Dr.Saad Ali Shire has chaired a one day review meeting for the 2020 Anual Work plan of the Ministry of Finance Development. The review meeting was attended by the Deputy Minister, Director General and Departmental Directors.
The Departmental Directors presented 2020 workp plans for their respective Deparments .

Validation Workshop for 2020 – 2023 Strategic Plan of the Office of the Auditor General.


Hargiesa 16,12,2019(MFD) The PFM Coordination Department has organized a one-day Validation Workshop for the Four Year (2020 – 2023) Strategic Plan of the Office of the Auditor General.
The Strategic Plan is designed to increase the operational efficiency of the Office of the Auditor General and to provide a road-map for achieving institutional vision and objectives.

The event was attended by key stakeholders including Internal Audit Department of the Ministry of Finance Development, Accountant General, Public Accounts Committee (PAC) of the House of Representatives and Civil Society representatives.
In his opening remarks, the Auditor General Mr. Ahmed Yusuf Dirir has stressed the significance of the four-year Strategic Plan in achieving accountability in the management of public resources.

The Chairman of PAC Mr. Ibrahim Mahdi Buubaa highlighted the need for improved accountability in the management of public resources and urged The Office of the Auditor General to prosecute public officials found misappropriation of public funds.

The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030.

Training for sixty cleaning staff


Somaliland's Ministry of Finance Development has opened a five days training for sixty cleaning staff. This type of training which is new to the country, it aims to harmonize new buildings and the ways of cleanings, how to keep documents and electronics.

Validation Workshop for the Financial Audit Manual


Hargiesa 10,12,2019 (MFD) The PFM Coordination Department has organized a one-day workshop on the validation of the Financial Audit Manual, at Maansoor Hotel Hargeisa.
The event was attended by key institutions in oversight and evaluation, including Office of the Auditor General, Internal Audit Department of the Ministry of Finance Development, Public Accounts Committee of the House of Representatives and Accountant General’s Office. The workshop was officially opened by the Auditor General of the State Mr. Ahmed Yusuf Dirir.

The Manual describes the basic principles that the Office of Auditor General (OAG) has agreed to apply to all public audit engagements over utilization of public funds. The Manual describes the OAG Audit Approach in line with International Standards on Auditing (ISAs) and International Standards of Supreme Audit Institutions (ISSAI

Similarly, the Manual sets out the concepts and principles in the OAG Audit Approach. As well as setting out the requirements of the ISAs/ISSAIs, relevant ethical requirements and OAG policies, it provides guidance on the tools and techniques that may be used in implementing and applying the OAG Audit Approach.

The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030.

Handover ceremony


Hargeisa [08/12/2019] (M.F.D) Handover ceremony today, where the deputy minister of finance officially handed over his responsibility

A Two-Day Training in Ceeigabo & Saylac on Comprehensive Operating Accounting Procedures Manuals and Financial Regulation.


Ceerigabo & Saylac 7,12,2019 The ministry of finance has organized a two-day training on Comprehensive Operating Accounting Procedures and Financial Regulations Manuals for Accountants, Admin and Finance personnel from the public sector. The training has already taken in all regions.

A Two-Day Training in Laas-anood & Borama on Comprehensive Operating Accounting Procedures Manual and Financial Regulation.


Laas-anood & Borama 4,12,2019 (MFD) The ministry of finance has organized a two-day training on Comprehensive Operating Accounting Procedures and Financial Regulations Manuals for Accountants, Admin and Finance personnel from the public sector.

A Two-Day Training in Aynabo and Gabilay on Comprehensive Operating Accounting Procedures Manual and Financial Regulation.


Aynabo & Gabilay 2, 12,2019 (MFD) The ministry of finanace has organized a two-day training on Comprehensive Operating Accounting Procedures and Financial Regulations Manuals for Accountants, Admin and Finance personnel from the public sector.

A Two-Day Training in Burco & Berbara on Comprehensive Operating Accounting Procedures

Manualand Financial Regulation


 

Burco & Berbara 30 11,2019 The ministry of finance has organized a two-day training on Comprehensive Operating Accounting Procedures and Financial Regulations Manuals for Accountants, Admin and Finance personnel from the public sector.

This training is aimed at setting out a standardized Financial Management system for use in government services, which is capable of producing accurate and reliable accounts free from errors and fraud.

 

A Two-Day Training On Leadership and Change Management


Hargeisa 30 11,2019(MFD)The ministry of finance  PFM Coordination Department has organized a two-day training on Leadership and Change Management for the Departmental Directors and their deputies of the Ministry of Finance Development at Maansoor Hotel, on November 30th and December 02, 2019

The Training was officially opened by the Minister of Finance Development Hon Dr. Saad Ali Shire and the Director General of the Ministry of Finance Mr. Mohamed Abdi Gurhan.
In their opening remarks, they both emphasized the significance of this training in improving the leadership and Management skills of the senior civil Servants of the Ministry of Finance Development and to apply and reflect their learning in their work.

The training equips participants with the skills for developing leadership strategies, building processes and using best practices to achieve results in their respective roles.
The training is facilitated by Suleiman Elmi, PFM Change Management Expert.

The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030

The Ministry of Finance Development has launched a Inland Revenue Taxes collection campaign for the rest of the year.


Please go to your nearest office and pay your tax.

The Director General of the Ministry to day closed for 16 participants (ToT) their completion ceremony


Hargiesa 21, 11,2019 (MFD) Somaliland Ministry of Finance Development considers the knowledge, skills,discipline and motivation of the staff is essential to the Ministry's work. The plans of this Ministry include the availability of staff who are skilled from all sides.
Based on this, the Ministry began selecting staff from the different Departments instead of depend on hiring a trainer from outside. Each of the members would be a dedicated trainer equipped with the required knowledge in his Department.
The Director General of the Ministry to day closed for 16 participants (ToT) their completion ceremony. The training was conducted by the Institute of public Employees, in collaboration with the Civil Service agency, the Ministry of Finance Development and the OPM.
The training session which lasted six days, finally was awarded to the participants the qualifications they earned.
Its worthy notting that the Ministry's assessment and the Inistute became the same, so it can be inferred that the right people were selected for this task.

PFM Pillar 3 Technical Working Group Meeting.

_________________________________________________
hargiesa 21 11, 2019 (MFD) The PFM Reform Coordination Department has conducted PFM Pillar 3 Technical Working Group Meeting.
Pillar 3 is designed to improve Financial Management and Reporting; it is a vital Pillar to ensure transparency and achieve accountability in the management of public resources.
This is critically important for realizing PFM reform objectives.
The Technical Working Group Meeting takes place in the Accountant General’s Office and  is chaired by the Director General of the Ministry of Finance Development Mr. Mohamed Abdi Gurhan and participated by key departments from the Ministry of Finance Development.
The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030

Somaliland Finance Minister Attends Nairobi Conference on Investment Opportunities


 Nairobi 21 11,2019 (M.F.D)- A large scale Conference on Infrastructures and Investments in Somaliland opened to day at the Fairmount Norfolk Hotel in Nairobi and involved a large number of delegates from different countries.
The meeting was attended by Somaliland Finance Minister Dr. Saad Ali Shire, Minister of Foreign Affairs Pro.Yasin Haji Mohamud Faraton, Ambassador to Kenya Amb. Awil, and his Deputy Amb. Guelleh and other officials of the Somaliland government.
The conference, which is important for Somaliland, was organized by the Somaliland Embassy in Kenya, which analyzed in depth investment Opportunities in Somaliland.

Somaliland minister of finance development accompanied by ministry officials has submitted Government budget for year 2020 which is exceeds by 18 % the preceding year to Somaliland House of Representatives for endorsed


Hargeisa 19 11,2019(MFD) In line with Somaliland article 55, sub article 4, on behalf of the government, Somaliland ministry of finance development which have the mandate of preparing Somaliland government annual fiscal has submitted to Somaliland House of Representatives Somaliland government budget for fiscal year 2020 to be approved.  While submitting the budget, the minster, Dr. Sacad Ali Shire was accompanied by deputy minister, Abdiqadir Sheikh Mohamoud, Director General, Mohamned Abdi Gurxan and number of ministry officials.  Just before submitted to the new budget to House of Representatives, the same was unanimously approved by Somaliland council of ministries chaired by Somaliland president, his Excellency, Muse Bihi Abdi.

The new budget amount reflects the ministry of finance development firm commitment to budget transparency. These budget forecasts aim at implementing policy decisions made Somaliland government while considering macroeconomic objectives. The budget answers Somaliland government policy priorities and delivering more and better services to the Somaliland people. The overall figure shows significant increase government’s budget. The term ‘budget’ means the annual estimates of the revenues and expenditures of Somaliland government.

Budget in Somaliland schilling

Equivalent amount in US  dollar

S/Shilling 2,751,304,880. 098

US $ 458,550,813.50

According the government spending, the projected budget will focus Security, searching the recognition, health development, Water resources, Education, Education, Elections, Environmental and wildlife care, Agriculture and fisheries, Minerals and energy and Economic infrastructures. The same are listed in the following table:

 No.

Budget priorities areas 

1

Security

2

searching the recognition

3

health development

4

Water

5

Education

6

Elections

7

Environmental and wildlife care

8

,Agriculture and fisheries,

9

Minerals and energy

10

Economic infrastructures

11

Job creation

12

Decentralization

The public financial management office and Auditor General held a meeting


Hargiesa 16 11, 2019 (WHM) The public financial management office and Auditor General held a meeting, attended by members of the press and civil society took place in Hargeisa.

The meeting were discussed how to work together media organizations, civil society, Auditor General and Public Financial Management office (PFM).

The purpose of the conference was to promote the transparency and accountability.

Training of Trainers

Hargiesa 16 11,2019 The Director General of the Ministry of Finance Hon. Mohamed Abdi Gurhan opened the training of the trainers of the Ministry of Finance. This training is aimed at equipping trainers with the required knowledge, and will last for five days in collaboration with the Ministry of Finance, the Institute of Public Employees and the OPM.

The members were selected from the Departments of the Ministry of Finance and will then pass on the training provided to staff from their respective departments.

It is noteworthy that this is the first time such a ministry has been carried out.

A meeting at the Minister's office


Hargiesa 16 11,2019 (WHM) A Conference on Analysis of Berbera Corridor related to Trade, Transport and Transit, at the office of the Minister of Finance was chaired by the Minister of Finance Dr.Sa'ad Ali Shire.

It was attended by the heads of the relevant agencies and ministries, such as the Ministry of Finance, Ministry of Commerce, Ministry of Transport and Roads, Central Bank, Berbera Port and Chamber of Commerce

 

Presentation about departments’s plan


Hargeies 4 11,2019 (WHM) The Minister of Finance Development Dr.Saad Ali Shire along with the Deputy Minister Abdikadir Mohamud Muhumed and Director General Mohamed Abdi Gurhan listened to reports from various Departments of the Ministry of Finance Development.
The report was about the Department’s plans for their 2020 plan and 2021 which is the short term, as well as the coming five years which is the long term.

 

Second International Public Financial Management Launching


Hargeisa 28 10, 2019 (WHM) PFM Professionalization Program launched the second bunch of International Public Finance Management education. The second phase will be benefited by 70 new entrants who were selected among 189 applicants from across all civil servants of the MDAs through a competitive exam. The objective of this program is to build the PFM competencies within the mainstream civil servants. This will be achieved by enhancing the financial management capacity of government staff.

The core of government staff will be trained to qualify at the CIPFA Diploma level. CIPFA is the leading international public sector professional body, and qualifying at Diploma level will enable successful students to become CIPFA Affiliate members. This will provide a core of professional financial managers within the government.

The Somaliland PFM Professionalization and training Programme is a collaborative program between the Somaliland Government, the University of Hargeisa, CIPFA (Chartered Institute of Public Finance and Accountancy) WYG International, and Michael Parry Consulting LLP. The Programme is funded by a multi-donor trust fund administered by the World Bank.

Training for customs department has held by the ministry


Hargeisa 26 10,2019 (WHM) Somaliland Ministry of Finance Development held Training for Customs Departments, the objective of the training was to help  Customs Department officials taught lessons on statistics and data collection.

Five (5) Days Training on IFRS:


Hargeisa 26 10,2019 (WHM) Somaliland Ministry of Finance Development specially the DRM&PFM Reform Coordination Unit in Collaboration with the Office of the Auditor-General has organized five (5) days International Financial Reporting Standards “IFRS” training workshop. The Participants of the training represent the core staff of the Public Finance Management institutions of the Republic of Somaliland especially, the Auditor General, Accountant General, Ministry of Finance Internal Audit and Public Account Committee senior staff.

The objective of this training was to help participants understand how International Financial Reporting Standards (IFRS) are used around the world and be conversant with workings of the IASB and how these are being changed.

meeting


Hargeisa 24 10, 2019 (WHM) Somaliland's Finance Minister met with the Somaliland House of Representatives Economic Committee.

 

Finance and Commerce Ministers has Launched Economic Partnership Conference


Hargeisa 23 10, 2019 (WHM) A quarterly conference focused on the policy of small and medium enterprises in the country.

Economic conference


Hargeisa 17 10,2019 (WHM)Somali land ministry of finance development has organized high-level economic conferences held in hargeisa university participated by many contributors from Somaliland sectors. Dr Saad Ali shire has opened the meeting, the minister highlighted both the opportunities and challenges with regard Somaliland economy growth.

 

A Validation Workshop for Procedures on Reviewing Auditor General Reports by Public Accounts Committee (PAC)


Hargeisa, 06 10, 2019 (WHM) The PFM reform Coordination Department of the Ministry of Finance Development has organized a-one-day Validation Workshop on Rules of Procedure for Reviewing Auditor General Reports and Functions of the Public Accounts Committee (PAC) at Baraar Hotel.

 

A Validation Workshop for municipal adjustment management


Hargeisa  5 10,2019 (WHM) Somaliland's Ministry of Finance held a two- day validation workshop in Hargeisa about Municipal Adjustment Management, they discussed Money Laundering System. At the end of the workshop mayors and central government sign agreement

Ministry of finance development conduct fruitful brainstorming session


Hargiesa, 25 09,2019 (WHM) Somaliland ministry of finance development conduct fruitful brainstorming session with regard government budget for the fiscal year 2019-2020 participated by a number of government various ministries. The session hold in ministry of finance development.

All government ministries and independent agencies will attend this brainstorming sessions.

Somali-land ministry of finance has introduced a new Somali-land finance management information system.

Tax awareness campaign


Hargeisa 23 09,2019 (WHM) Somaliland ministry of finance development (land revenue department) has lunched tax campaign awareness in Somaliland capital aimed to encourage citizens paying tax.This tax campaign will continue through the remaining period of the current year, 2019.

 

A Three-day Training on IPSAS Cash Basis


The Office of the Auditor General (OAG) in collaboration with the PFM Coordination Unit of the Ministry of Finance Development has organized a three-day training on International Public Sector Accounting Standards, on September 21, 2019, at Maansoor Hotel Hargeisa.

The training equips participant with the skills, principles and practices of the International Public Sector Accounting Standards (IPSAS) Cash Basis and to enable them apply in their respective roles within the Government of Somaliland.

The Participants of the training were drawn from the key financial management institutions and departments including Accountant General’s Office, the Office of the Auditor General, Internal Audit Department of the Ministry of Finance Development and other Departments and institutions

The PFM is designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030

PFM Quarterly Joint Steering Committee Meeting


The PFM Coordination Unit has conducted the PFM Joint Steering Committee (JSC) meeting at Maansoor Hotel, Hargeisa, on September 19, 2019

The JSC is a critical mechanism for gauging reform achievements against plans, and provides oversight and guidance for meeting the PFM pillar of objectives and ensures cohesion and coordination of the various components of the PFM Program.
The JSC was chaired by the Deputy Minister of Finance Development, Honorable Abdulkadir Mohamoud Sheikh and attended by key PFM stakeholders.

The PFM strives to achieve the highest possible efficiency, transparency, and accountability in the allocation, management and use of public finances to meet the GoSL’s development and economic growth priorities

Somliland's Berbera port


Berbera 19 09,2019 (WHM) This is euro news programme about Somaliland port of berbera. In this euro programme, Somaliland president Muse Bihi Abdi, the finance minister Saad Ali Shire and port manager has spoken in this euro news programme written and broadcasted by euro news.

First Aid and Firefighting training held in head quarter of Ministry of Finance Development


Officers came from Somaliland Fire Brigade trained workers of the Ministry of Finance Development in a First Aid and Firefighting training that was held at the head quarter.
The deputy minister Mr.Abdulkader Mohamud participated in the closing

Ministry of Finance Development opened a new office at Buhodle district


Buhodle, 13 09,2019(WHM)The coordinators of the ministries of Finance Development, Livestock, Labor, and Association of women of Buhodle and sport teams inaugurated the Ministry of Finance’s newest office in Buhodle. The building was financed and equipped by the Ministry of Finance and Development.

In their statement, the coordinator of the ministry Mohamed A/Rahman Hiis and the mayor of Buhodle District thanked the minister of Finance Sa’ad Ali his deputy Abdulkader Mohamud and the Director General Mohamed Abdi.

And finally the Coordinator underlined the importance of this office.

The Economic Committee delegation met with businessmen in Burao town


A delegation led by the Minister of Finance Dr. Saad Ali Shire met with businessmen in Burao.
The businessmen have complained to the committe while the Cabinet has promised to solve them.

A delegation led by the finance minister visited Berbera


The Economic Committee of the Cabinet, chaired by the Minister of Finance; Dr Sa,ad Ali Shire visited Berbera and supervised the city's ongoing projects.

Minister of Finance has awarded some revenue office managers


Hargeisa, 17 08, 2019(WHM)- The Minister of Finance Development Sa'ad Ali Shire paid tribute to the managers of customs and Inland Revenue who have reached the target for the last six months.

The Minister explained Goods and Service Tax (GST)


hargeisa,4 08 ,2019(WHM)- The Minister of Finance Dr. Saad Ali Shire has talked about Goods and Service tax (GST).  Recently, the ministry has announced that government will implement sales tax on services especially telecommunication and electricity.

Vice Minister has closed a training at Mansoor Hotel


Hargeisa, 10 8 ,2019(WHM)- The Vice minister of the ministry of Finance Mr. Abdulkader Mohamoud Sheik has closed a training at Mansoor Hotel. This training was about enhancing the security system of Somaliland Public Financial Management System.

Budget Policy Committee had a Meeting at the ministry of Finance


Hargeisa, 29 07 ,2019(WHM)- Minister of Finance has led a meeting with the budget Policy Committee at his office. Budget priorities of budget estimation of 2020 and budget outlook paper report has been discussed.

Training on Statistics and Revenue Forecast has held by the Ministry


Hargeisa, 24,07 2019(WHM) The director of Human Resources Management has opened a training held at the PFM Hall. This training was about statistics and revenue forecast procedures.

Procurement Officers at the Ministry got Training on Procurement Procedure


Hargeisa, 22,07 2019(WHM)- The ministry of Finance has held a training about Procurement Procedure. This training took the procurement officers at the department of Admin and Finance of the Ministry.

The Ministry of Finance has presented a research project related to the trade and transit agreements between Somaliland and Ethiopia


Hargaisa, 17,07 2019(WHM)- The Ministry of Finance developed a research project on Impact of the Trade and Transit agreement with Ethiopia to Somaliland's economy, particularly in businesses and government revenue.

This research funded by the Ministry of Finance Development and participated by Business owners, Entrepreneurs, Berbera port, DP World, Ministry of Commerce and Ministry of Transport.

The Department’s Directors of the Ministry of Finance has presented the performance report of the last 6 months


Hargeisa,15,07 2019 (WHM)- The Department’s Directors of the Ministry of Finance has presented the performance report of the last 6 months: Jan – June

 

Somaliland Government Announced They Will Give back the Expenses incurred to the Plastic Bag Factories Closed by the Government after the Completion of Assessment


Hargaisa, 30,06 2019 (WHM)- The minister of finance and other ministers has visited the plastic bag factories that has been closed by the government. The government announced that they will give them back the expenses incurred by the plastic bag companies after the completion of assessment.

The minister of Finance Has closed two weeks training for the Directors of the ministry


27-jun 2019, The minister of finance Development has closed a 2 weeks training for the directors of the ministry. the training was about leadership and management. The aim of the training was to enhance the managerial capacity of the directors to ensure good governance of the ministry.

The vice-minister has been closed 2 days training for the drivers


25 June 2019, The vice minister of the ministry Mr. Abdulkadir Mohamoud has closed training for the drivers of the ministry. This 2 days training was about the ethical and rules needed for the drivers.

The Director-General has opened a Training for the Drivers of the Ministry


24 June 2019, The DG of the Ministry Mr. Mohamed Abdi Gurhan has opened two days training for the drivers of the ministry. This training was about ethical and rules needed for the drivers.

The Bank of Somaliland (CBSL) together with the Ministry of Finance (MOF) is planning to host the First Somaliland Banking and Finance Conference 2019


22 June 2019, The Bank of Somaliland (CBSL) together with the Ministry of Finance (MOF) is planning to host the First Somaliland Banking and Finance Conference 2019 under the theme of “Promoting Banking and Financial Sector: Connecting People to Banking & Financial Service”.
The planned conference is a two-day event that is scheduled on June 2019. The conference will establish itself as a unique platform for the exchange of knowledge and experience in the area of Banking, Insurance, and Fitch, which brings together all participants in the financial industry.

The Ministry of Finance has arranged training on expenditure payment Procedure


20 June 2019, The Ministry of Finance has arranged training for all admin and finance directors of the government institution. This training was about Expenditure Payment Procedure.

The Ministry of Finance developed has launched a tax registration event in Awdal Borama


17 jun 2019, The ministry of finance has launched an event in Borama. This event was about promoting the TIN (Taxpayers Identification Number).

The vice minister has opened a training about budget Forecasting


20 jun 2019, The vice minister of the ministry Mr. Abdulkader Muhumed has opened a training for the revenue and budget departments. This training was about the best practices of national budget forecasting.

The ministry of Finance Development has Launched the 5 years strategic Plan of the Ministry


17 jun 2019, The ministry of Finance Development has launched the 5 years strategic plan of the ministry. The aim of the strategic plan is to guide the functions fo the ministry.

Ministry of Finance had a lunch together with the directors of the ministry


13 jun 2019, Minister of Finance Development Dr. Saad Ali Shire with the deputy minister and the director general of the ministry has honored a lunch to the Directors of the Ministry.
The purpose was to promote the integration and co-operation of the ministry's branches.

Minister of Finance has Talked about a position that has been temporarily appointed by the president


8 jun 2019The minister of Finance Dr. Saad Ali Shire has talked about a position that has been appointed by the President of Somaliland.

 

 

 

The Minister of Finance has closed a training for the Internal Audit Staff


The minister of finance has closed a training for some of employees of the Internal Audit Department.

This training was about the modern standard of internal auditing.

The Bank of Somaliland (CBSL) together with the Ministry of Finance (MOF) is planning to host the First Somaliland Banking and Finance Conference 2019


The Bank of Somaliland (CBSL) together with the Ministry of Finance (MOF) is planning to host the First Somaliland Banking and Finance Conference 2019 under the theme of “Promoting Banking and Financial Sector: Connecting People to Banking & Financial Service”.

The planned conference is a two-day event that is scheduled in June 2019. The conference will establish itself as a unique platform for the exchange of knowledge and experience in the area of Banking, Insurance and Fitch, which brings together all participants in the financial industry.

The Minister of Finance and the Minister of trade opened one stop shop office at the Ministry of Trade


8 May 2019: The minister of Finance Dr. Saad Ali Shire and the minister of Trade Mr. Mohamoud Sajin has opened a one stop shop office at the Ministry of Trade.

The intention of this office is to unite the business process of taking business licenses in one place, instead of going different offices which are far from each other.

Minister launches better service promise for tax payer


4 May 2019: Minister of Finance Dr. Ali Saad Shire, Minister of Trade and Tourism Mohammed Hasan Sacad Saji, and Chair of Chamber of Commerce Jamal Aideed Ibrahim launched new service charters at an event at the Maan-Soor Hotel. The charters set out rights and obligations of the business community and traders.

Dr. Saad Ali Shire explained the event was to show how the Ministry is changing its approach to one of working with business rather than against them to improve the revenue system.

The Minister said “we are here to change our old thinking to new, as the old approach seems to taxpayers to be not friendly”.

“The old approach separated us into two teams; government and population, tax takers and tax payers, but the new one will be that we help you”

Ministry staff explained that they have published the guidelines of the tax payers and traders and Ministry staff in their dealings with each other. They commented about the energy they had put into starting a new approach with new brochures (Taxpayers Charter and Customs Charter) they will explain the taxpayer duties under the law and set out their rights when dealing with Minsitry staff. The Ministry will keep taxpayer information secret, and traders won’t have their commerciel information revealed.

Chamber of commerce Chair Jamal Aideed Ibrahim said “The Chamber is ready to work hand by hand with the government”. He acknowledges that there are many duties on trade and they will found good feedback if they do their duties. The Minister for Trade and Tourism also made this point.

The vice minister has opened a Revenue Performance Analysis Training

25-04-2019: The ministry of finance has organized a Revenue Performance Analysis Training for the Staff of the Ministry of Finance Development. The vice minister Mr. Abdulkadir Muxumed has opened the training.

The training will enable participants to identify factors that drive revenue, measure the performance of these factors, and take action to maximise revenue collection.

The Ministry of Finance has designed to improve the government’s capacity and systems to utilize public funds, towards meeting the National Development Plan (NDPII) goals and those of Vision 2030.

A Training has been closed for the Customs Department Staff


16-04-2019: The customs department employees has been trained  at Burao City. The training was about the customs valuation system.
It is part of the reform which is currently happening happening in the ministry.

3 Days training for the Directors has been opened by The Minister


The Ministry of Finance has organized a three-day training on Leadership, Change Management and Performance Management for the Departmental Directors of the Ministry of Finance Development on April 20-22, 2019
The Training was officially opened by the Minister of Finance Hon Dr. Saad Ali Shire. He emphasized the significance of this training in improving the leadership and Performance Management skills of the senior civil Servants of the Ministry of Finance Development.
Suleiman Yusuf Elmi, PFM Change Management Expert will facilitate the three-day training.

 

A Training has been closed for the Customs Department Staff


16-04-2019: The customs department employees has been trained  at Burao City. The training was about the customs valuation system.
It is part of the reform which is currently happening happening in the ministry.

The Minister of Finance has participated a public event at Golis University


13-4-2019: The minister of finance Dr Saad Ali Shire has taken part a discussion which has held at Golis University.
The discussion was about the relationship between Tax and State Development.

 

Ministry of Finance Development’s Departments Present their Monthly Progress for the Month of March 2019


Hargeisa, Somaliland; 10/04/2019 (W.H.M) – Yesterday, 9th April 2019 the different departments of the Ministry presented their monthly progress of  March 2019 against their plans based on the work plan for 2019. The departments presented their plans, what has been achieved, what has not been achieved, and the challenges faced.

The meeting held at the Minister’s office was led by the Minister, Dr. Saad Ali Shire and the Director General, Mohamed Abdi Gurhan.

During the four-hours long meeting, it was agreed to resolve all the challenges that stood on the way to achieve the departments' plans and to continue such meetings until everything is on track.

Setting up work plans and monitoring progress is something new to the Ministry. This monitoring meeting is the second of its kind in the ministry so far which aims at speeding up  the implementation of the Ministry's plans.

This encourages each department to have its own work plan that it can be track its implementation to monitor its performance.

Since Dr. Saad Ali Shire was appointed as the Minister of Finance Development, there has been a significant change in the way the Ministry works generally. Each officer of the Ministry is given a specific task which can be monitored to assess performance.

Meeting with the Economic Committee of the Somaliland Parliament - 8th April, 2019


The ministry of finance led by the Minister of Finance Dr. Saad Ali Shire has met with the economic committee of the Somaliland parliament.

The minister has updated the current situation of the ministry while the committee has been asked questions related to tax, budget and the current exchange rate.

 

 

Meeting with the Somaliland Central Bank - 7th April, 2019


Ministry of Finance and the Somaliland Central Bank has met at the central bank’s meeting hall. This meeting has been participated by the minister of Finance Dr. Saad Ali Shire, Central bank Manager Mr. Ali Ibrahim Jamac, Director General of the Central Bank Mr. Ahmed Hassan Arwo and 3 committees from the two sides.

The committees has been updated to the minister and the manager of the central bank about their progressive work.

Finally, it has been agreed to boost the activities and held meetings regularly.

 

The Minister of Finance has opened a training for tax collectors - 28/03/2019


The ministry of Finance has launched a training for all Marodijex regional staff of Inland Revenue. This training was about ethics on tax collection.

Minister of Finance Dr. Saad Ali Shire had an opening speech and he mentioned the importance of this training. He stated that the tax collectors are a government ambassadors which reflects the mirror of the government.

Minister of Finance started boosting tax collection campaign - 28/03/2019


First of all, the Ministry of Finance acknowledges all the Somaliland Taxpayers on how they participate on the development of the country and paying taxes.

Taxes has a huge important on development of the nation. The main of government’s source of income is tax. It enables to implement developmental projects and providing social services like security, education, health, paying salaries and economic development.

The Ministry of Finance is informing the people that the ministry has started boosting tax collection on Business Income Tax, Rental Income Tax, Payroll Tax and Goods and Service tax that has been mentioned in law No. 72/2036

Goods and Service Tax has not been imposed by Somaliland Society but it’s been imposed by each and every country’s citizen. For example, the neighbor countries: Ethiopia is 15%, Uganda is 12%, Kenya is 10% while Somaliland is 5% only.

Finally, the ministry of Finance informs citizens about the importance of the implementation of law and regulations of the country.

The Ministry of Finance Development has organized a five-day refresher training for the Internal Audit Department - 26/03/2019


This training equips participants with the skills and knowledge required to conduct quality internal system audits.

The Minister of Finance has supervised the office stations of Hargeisa Inland Revenue Department - 25/03/2019


A team led by the Ministe of Finance Dr. Saad Ali Shire had supervised the Hargeisa office stations on Inland Revenue Department.

The purpose of this supervision was to observe the exact work happening in the offices.

Somaliland Ministry of Finance Dr. Saad Ali Shire has presented a lecture at University of Hargeisa. The lecture was about “Development Financing for Unrecognized Country: the case of Somaliland” - 19/03/2019



A supervision trip has been done by the Vice Minister to the Inland Revenue and Customs Stations of the eastern regions (13-14 March 2019):


The vice minister of the Ministry of Finance Mr. Abdulkadir Mohamoud Sh. Muxumed (Dhago-weyne) accompanied with a team from the ministry has been travelled to the revenue stations of the eastern part of Somaliland.

           

A supervision trip has been done by the Vice Minister to the Inland Revenue and Customs Stations of the Eastern Regions


The vice minister of the Ministry of Finance Mr. Abdulkadir Mohamoud Sh. Muxumed (Dhago-weyne) accompanied with a team from the ministry has been travelled to the revenue stations of the eastern part of Somaliland.

The vice minister and his team has has arrived to Berbera this morning and then they will go to Togdheer, Sanag and Sool Regions.

On the other hand, this trip for the vice minister was the third one to supervise revenue stations of the country. The previous trip has supervised to revenue stations of the western part of the country: Wajale Customs Station, Kalabaydh Customs Station, Gabilay Inland Revenue office, Abaarso Customs Station, Saylac and Asha-Addo Customs Stations. This trip’s mission is to enhance accountability of the revenue stations officers that will come over again and again.

Furthermore, the intention of this trip is to boost the revenue generation of the country to reach the estimated budget of 2019 so that to implement the development projects in this year’s budget by the government.

This team will assess the exact needs for the revenue station of Inland Revenue and customs that will obstacle the revenue collection activities. These needs can be shortage of offices, furniture and employees.

 

A supervision trip has been done by the Vice Minister to the Inland Revenue and Customs Stations of the Western Regions


The vice minister of the Ministry of Finance Mr. Abdulkadir Mohamoud Sh. Muxumed (Dhago-weyne) accompanied with a team from the ministry has been travelled to the revenue stations of the eastern part of Somaliland.

The vice minister and his team has has arrived to Kalabaydh this morning and then they will go to far to the other station.

On the other hand, this trip for the vice minister was the first trip to supervise revenue stations of the country. He has supervised all revenue stations of the western part of the country: Wajale Customs Station, Kalabaydh Customs Station, Gabilay Inland Revenue office, Abaarso Customs Station, Saylac and Asha-Addo Customs Stations. This trip’s mission is to enhance accountiblity of the revenue stations officers that will come over again and again.

Furthermore, the intention of this trip is to boost the revenue generation of the country to reach the estimated budget of 2019 so that to implement the development projects in this year’s budget by the government.

This team will assess the exact needs for the revenue station of Inland Revenue and customs that will obstacle the revenue collection activities. These needs can be shortage of offices, furniture and employees.

 

The ministry of Finance had a meeting with Hargeisa Municipality (Feb 11, 2019)                                                                                                                               

The ministry of Financial Development led by the minister Dr. Sa’ad Ali Shire have had a valuable meeting with the Hargeisa Municipality lead by Deputy Mayor Mr. Abdiaziz Caga-weyne.

The minister of Finance rejected the existence of 80 Milyan Dollars Government Debt (Feb 6, 2019)                                                                                         

The minister of Financial Development Dr. Sa’ad Ali Shire has denied the existence of  80 Milyan Dollar government debt.

 

The minister of Finance had made a handover to the previous and the newly appointed Director Generals (Jan 6, 2019)

The minister of financial development Dr. Sa’ad Ali shire has made a handover on the previous Director General Mr. Abdirahman Musabaqo to the newly appointed Girector General Mr. Mohamed Abdi Gurhan.

The minister of Financial Development Dr. Sa’ad Ali Shire had made a budget 2019 speech in front of the Somaliland House of Parliament (Dec 22, 2018)


The minister of Financial Development Dr. Sa’ad Ali Shire had made a budget 2019 speech in front of the Somaliland House of Parliament.

An event about minister’s handover has been held in Ministry’s Hall (Nov 18, 2018)                                                    


A handover event has been held in the ministry of finances Hall. This handover was about the pervious minister of finance Mr. Yusuf Mohamed Abdi and the newly appointed minister Dr. Sa’ad Ali Shire.