The Auditor Basic of the Authorities, Mr. Abdurahman Mohamed Anas, introduced the 2022 annual monetary report back to the Council of Ministers of the Federal Republic of Somalia on Thursday. The report is of particular significance to the nation and its monetary system, because it reveals the progress and challenges of the federal government’s fiscal efficiency.
The report was authorized by the Council of Ministers after an extended studying and evaluation. It covers the revenues and expenditures of the federal government, the audit findings and proposals, and the compliance with the funds regulation and different rules.
The report is the primary official audit report introduced to the federal government officers since 2017, when the final audit report was made. Since then, no audit report has been made as a result of varied causes, together with safety points, lack of sources, and political instability.
The Auditor Basic mentioned that the report goals to boost transparency and accountability within the public sector, and to supply dependable and helpful info to the stakeholders and the general public. He additionally mentioned that the report identifies some areas that want enchancment, corresponding to income assortment, funds execution, inside management, and monetary reporting.
The report was welcomed by the Prime Minister of Somalia, Mr.Hamza Abdi Naked, who praised the Auditor Basic and his workers for his or her efforts and professionalism. He additionally mentioned that the federal government is dedicated to implementing the audit suggestions and bettering its monetary administration.
The report will likely be submitted to the Parliament for additional assessment and dialogue. It can even be revealed on the web site of the Auditor Basic’s Workplace for public entry.
