Mogadishu, The Prime Minister of the Federal Government of Somalia, H.E Hamza Abdi Barre, chaired the economic reform meeting, he spoke in depth about the importance of the debt relief process for the country’s development and achieving economic self-sufficiency.
The Prime Minister urged the ministers to concentrate on how to complete all the laws in advance of the debt relief and pass it to the parliament by the end of this year so that the requirements of this period can be met by Somalia and move on to the next requirements.
The PM has stated that the strengthening of accountability and transparency play a major role in the government’s development plan, and all the ministries and other agencies concerned with the debt relief program will cooperate closely with him in the success of the ongoing efforts.
The Prime Minister also ordered the ministers to vigorously fight corruption in order to achieve transparency, and that will lead to a higher level of trust in the community and all stakeholders in Somalia.
The failure of the country’s debt relief program will lead to all the financial institutions of the world trusting our country, receiving international funding, creating more jobs that give opportunities to the youth, so that the domestic product will increase, and the country’s economy will grow.
Source: Somali National News Agency