July 15 (Jowhar.com) – The Prime Minister of the Federal Government of Somalia, Mr. Hamsa Abdi Barre, said that a long way has been taken to modernize and manage the development of the country’s financial system, which is now 10 years old.
The Prime Minister speaking at an event to present the achievements of Somalia’s financial administration, noted that Somalia today has a strong, modern and reliable system, which has led to the forgiveness of the country’s debt, and is leading to change in the country. financial and real development.
“The process of the country’s financial system, he brought together all the processes that were going through the construction of the country’s institutions for their reconstruction, which shows us that we have matured and the debt has been forgiven, the ban on arms has been removed from us, and we have joined the regional markets.
I want to underline that the Somali people know that this process did not come for free and that they have been waiting for many nights, so that this success can be confirmed”.
Mr. Hamsa Abdi Barre, thanked the Ministry of Finance for their efforts and the experts who have worked in the process of the past 10 years (2013-2023), which was the backbone of the financial achievements confirmed, and he urged them to strengthen their efforts to achieve other effective measures.
Prime Minister Hamsa told the agencies working with the government that the projects they are implementing should go through the government system, as the country now has a reliable financial system.