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Somalia’s Cabinet Gives Green Light to $1.3 Billion Budget for 2025

MOGADISHU, Somalia - In a fresh fiscal launch, the Somali government nodded to a $1.3 billion budget for the year 2025. This allocation marks a modest uptick from last year's financial forecast, putting the onus on the Treasury to scrounge up funds by revamping the nation’s economic systems. Lending their spirits to this financial framework, Prime Minister Hamza Abdi Barre’s cabinet gave the green light shortly after the National Consultative Council (NCC) meeting wrapped up. This gathering converged the brains from…

Somali Cabinet Gives Green Light to $1.3 Billion Budget for 2025 Fiscal Year

Mogadishu (AX) – At a special gathering led by Prime Minister Hamza Abdi Barre, Somalia's Cabinet of Ministers gave the green light to a whopping $1.3 billion budget for 2025. This decision was made during an urgent session held on Tuesday. This budget showcases a 24.4% jump from the previous year's allocation, all thanks to a surge in home-grown revenue. The Ministry of Finance spilled the beans, revealing that the budget for 2025 had ballooned by $263 million compared to the $1.08 billion earmarked for 2024. “Ramping up…

Sudan gives the green light for the transfer of Omar

In Sudan, the Council of Ministers "unanimously" gave the green light on Saturday for a future trial of the accused at the International Criminal Court, ICC. The announcement comes a few weeks after former prosecutor Fatou Bensouda's historic visit to Darfur. This is not yet an order for the transfer of suspects, including former President Omar al-Bashir, but a step towards their trial in The Hague.…