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Somali Parliament Approves Budget For 2020

Somali Parliament on Tuesday endorsed a 459.5 US dollar budget for 2020 to fund the conflict-torn country’s national recovery.

Somali Parliament on Tuesday endorsed a 459.5 US dollar budget for 2020 to fund the conflict-torn country’s national recovery.

The majority of the lawmakers from both Houses present in the session passed the budget that will fund key development projects and pay for civil servants’ salaries and the military.

Finance Minister Abdirahman Beileh hailed the House approval as crucial to allow the government to meet its development priorities.

“This is a great achievement for the government as we can now focus on delivering on some of our development projects,” said Beileh.

The move comes after the International Monetary Fund (IMF) said Tuesday Somalia’s economy would grow in 2020 as the country recovers from a drought that has resulted in major livestock and crop losses.

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