By M.A. Egge
The Minister of Finance Development of the Republic of Somaliland, Hon. Abdillahi Hassan Adan, presented the 2025 budget proposal to the House of Representatives.
The Minister asked the House of Representatives to approve the 2025 budget to pay the salaries of the military and civil servants.
He cautioned that if the finance bill is not expedited swiftly it would hamper the overall functioning of the country and stall state services.
The National Budget proposal consists of a total of almost four trillion, precisely 3,894,462,279,363 SL Shs.
He said, “We are strengthening revenue-generating institutions, and we will seek new sources of revenue, and to expand the tax revenue base in the eastern parts of the country”.
He urged them, “I request you to approve the budget for 2025 as there are many outstanding needs such as the payment of salaries of the security forces, employees, councils and various expenses of government institutions, which we ought to pay on by 25th of this month”.
The Speaker of the House of Representatives, Hon. Yasin Haji Mohamud Hiir Fartoon, informed the members that the budget estimate would be transferred to the Economic, Finance and Trade Committee of the House of Representatives, adding that time is short and it was necessary for the House to fulfill its constitutional duty as soon as possible.