The 15th session of the Council of Ministers of the Republic of Somaliland, chaired by the President of the Republic of Somaliland, Hon. Abdirahman Mohamed Abdullahi (Cirro), was held today at the Somaliland Presidential Palace. The meeting discussed numerous issues of current priority for the Somaliland nation. Among the topics addressed today were:
The Minister of State for the Ministry of Finance and Economic Development Mr. Ismail Mowlid presented the Council with a comprehensive report regarding the Ministry’s efforts to accelerate the expansion of the tax base for various domestic revenues (Inland Revenue) by utilizing technological systems.
Additionally, the Minister of State noted that the implementation of the Goods and Services Tax (GST) is progressing smoothly, with a particular focus on empowering electricity service companies and telecommunications providers.
Finally, the Minister of State informed and urged the Council that the ministries responsible for the national revenue budget should intensify efforts to collect the revenues outlined therein.