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Somalia's Upper and Lower Houses approve a USD 459.5 million 2020 budget
Africa

Somalia's Upper and Lower Houses approve a USD 459.5 million 2020 budget

Somali Upper and Lower houses have given the government the greenlight to implement the 2020 budget on. During the Tuesday session, speakers T of the Upper House, Abdi Hashi Abdullahi and his Lower House counterpart, Mursal Sheikh Abdirahman jointly chaired the debate. Out of 189 members present, 188 approved, one rejected while two others abstained. The 2020 budget which is USD 459.5 million is slightly more than that of last year which was approximately USD 380 million. The increase is attributed to the collection income tax generated by the Ministry of Finance. The country had net been able to meet its debt obligations, and is looking foward to a debt relief. The l