The President lays foundation stone for new Central Bank of Somaliland headquarters

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By M.A. Egge

The President H.E. Musa Bihi Abdi laid the foundation stone of a new facility to be built to house the Central Bank of Somaliland as its headquarters on Thursday.

At the groundbreaking ceremony the Head of State was accompanied by members of the cabinet, heads of the bank and other officials.

Various speeches were made at the venue praising the development and efforts of the central bank.

The Governor of the Central Bank of the Republic of Somaliland, Dr. Ali Abdillahi Dahir, who made a brief speech, praised the President for his efforts to get the Central Bank a modern building of its own, which would be the new headquarters of the bank.

The President H.E. Musa Bihi Abdi explained the importance of the Central Bank to this new building and how it will contribute to the work of the Bank, as there is a great need for the various institutions of the country to have ultra modern buildings that are suitable for their applicable routine working chores.