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Friday, May 20, 2022

3rd National Economic Policy Forum kicks off in Mogadishu

Somalia’s third National Economic Policy forum kicked off in the capital Mogadishu on Saturday.

The Deputy Prime Minister, Mahdi Mohamed Guled led other senior government officials including Minister for Justice, Hassan Hussein Haji and Deputy Minister for Finance, Abdullahi Sheikh Ali was present in the opening ceremony of the two days event.

The forum which was organized by the National Economic Council in conjunction with the Ministry of planning, investment and economic

the development will focus on key areas including economic development mainly in resource sharing, revenue, tax collection, fight on graft and devolution of the federal system for improvement of government services.

In his opening speech, the Deputy Prime Minister, Mahdi Mohamed Guled pledged for inclusive politics, economic reforms, establishment and implementation of anti-corruption strategy and commission in the country to fight graft.

On the other hand, Guled also stressed the need to work towards the creation of a stable political environment in Somalia in order to achieve a stable and progressive economy.

Experts from the National Economic Council presented practical examples on how the federal government and regional members’ states can closely coordinate in doubling the tax and revenue collections while advancing the economy of the recuperating horn of the African state.

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