Republic of Somaliland|Ministry of Finance & Economic Development
Department overview and organizational structure
To be a leading department for the facilitation and delivery of essential financial and administrative serves.
To maintain the day-to-day financial and administrative functions of MoFD by providing timely support to other departments and staff in a spirit of excellence and dedication.
The principles that guide our department
Freedom of thought and expression
Innovativeness and creativity
Team spirit and teamwork
Professionalism
Quality customer service
Responsible corporate citizenship and strong social responsibility
Respect for and conservation of environments
Our key goals and strategic objectives
Provide clear administrative support to all departments.
Implement all financial regulations and policy guidance to support the goals and objectives of the Ministry.
Develop and manage the departmental budget.
Promote efficient use of departmental resources.
Assist the internal controls and provide all documents needed with consultation of the Ministers and the Director General.
Promote a culture of openness, trust, diversity, and equality within the Department
Improve communication and collaboration with customers and build a support relationship
Provide employees with a work environment where teamwork is paramount, ideas are rewarded, creativity and risk-taking are encouraged, and successes are celebrated.
Strategic approaches to achieve our objectives
Focus on the Ministry of Financial Development budget management and long-term financial planning.
Utilize and implement all financial rules and regulations.
Give a priority to the Revenue department and other supportive departments, to ensure timely and accurate financial statements (internal and external) and to assist in decision-making.
Implement the controllership function for the Ministry by providing and applying Effective Work.
Maximize the capacities and opportunities provided by the Somaliland Financial Management Information System.
Sustaining a positive work environment and strong employee commitment within the Administrative Services and Finance Department.
Capacitating and motivating the Staff of the department.
Hierarchical structure of the department
