Browsing Tag

Oversight

North Western State of Somalia Leader Demands Rigorous Oversight and Clarity in Revenue Management

Hargeisa (AX) – In a spirited push towards financial transparency and accountability, President Abdirahman Mohamed Abdillahi Cirro of North Western State of Somalia has laid down the gauntlet, urging all government ministries and agencies to channel accrued revenues directly to the Ministry of Finance. It's a move designed to tighten the screws on financial operations and sniff out any fiscal hide-and-seek played in dark corners. At a cabinet gathering this Thursday, against the backdrop of Hargeisa's bustling…

Oxfam Report Highlights Lack of Oversight in World Bank’s Climate Funding

World Bank's Climate Finance Faces Scrutiny: Oxfam Rings the Alarm Bell November 2024 – Nairobi — Oxfam International is sounding the alarm over the World Bank’s climate finance, pointing out murky waters in the Bank's transparency and accountability. Their latest doc, "Climate Finance Unchecked," pulls back the curtain on some dodgy discrepancies between budgeted and real spending in climate projects, hinting at shaky foundations in the fight against global warming. Drilling into data from 2017 to 2023, Oxfam spotlights…

Somali Legislature Approves Agricultural Legislation on Chemical Oversight and Research Initiatives

MP Mukhtar Mohamed Guled, helming the Committee on Agriculture, Rural Development, Livestock, and Marine Resources, brought forth the legislation for its third discussion. As the presiding figure, Speaker Sheikh Aadan Mohamed Nur, accompanied by Second Deputy Speaker Abdullahi Omar Abshirow, declared the outcome, ushering the bills to the Upper House for further examination. Praising the legislative body's quick adaptability, Minister of Agriculture and Irrigation Mohamed Abdi Hayir Maareeye, along with Chairman Guled,…

Norway Pledges Support to Enhance Somalia’s Financial Oversight

Mogadishu (AX) — Somalia’s Auditor General Ahmed Issa Gutale has rallied substantial global support, particularly from Norway and leading audit institutions worldwide, to enhance the country's financial scrutiny. The 'Peer Support Project,' a collaborative initiative involving Somalia and global audit powerhouses like INTOSAI and AFROSAI-E, targets the enhancement of the country's financial oversight. Running through 2024, this project is geared towards solidifying governance through more robust audits and heightened…

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