The President told the Council of Ministers that the Ministry of Finance should be assisted in collecting taxes and increasing the income of the country
By M.A. Egge
The 6th session of the Council of Ministers of the Unity and Action Government, chaired by the President of the Republic of Somaliland, His Excellency Abdirahman Mohamed Abdillahi Irro, while flanked by the Vice President His Excellency Mohamed Ali Aw Abdi, was held on Thursday at the Presidential Palace.
The agenda presented to the Council of Ministers was limited to the proposal for the draft national budget for the year 2025.
The Minister of Finance and Economic Development presented the details related to the structure of the 2025 budget to the Council of Ministers.
The 2025 Budget consists of four parts:
- The Central Government Budget
- The Budget of Independent Institutions
- The Budget of Local Governments and
- Projects sponsored by donors.
The President told the Council of Ministers that the Ministry of Finance should be assisted in collecting taxes and increasing the income of the country.
He said that every Ministry and every institution that collects revenue, is instructed to transfer that revenue directly to the Ministry of Finance and Economic Development of the country.
Directive on the issue was also given to the aviation ministry.
After a long debate and analysis related to the 2025 Budget Proposal, the President proposed to the Council of Ministers to vote on the proposal for the 2025 Budget Proposal.
At the meeting of the Council of Ministers, which was attended by 43 members, they all voted confidently to approve the 2025 Budget Proposal, with no one objecting or remaining silent.
Meanwhile, the 2025 Budget Proposal will be submitted to the House of Representatives of the Republic of Somaliland to fulfill their legal obligations.