The United Nations and the international community have reaffirmed their support for the new Somali government.
The UN Special envoy to Somalia Augustine Mahiga announced forging a new partnership strategy that conforms to the priorities of the first post transition government in Somalia.
The UN envoy said the new Somali government has proved to be a representative and democratic one. The United Nations on the other hand promised renewed support for the Horn of Africa nation, affirming tangible change in Somalia that must be supported.
An eight year old UN backed transition period finally cleared the way for the formation of the first elected Somali government in 43 years.
The UN is also confident that the new Somali government meets the aspirations of the people and could pave the way for the reconstrution of the war-torn nation.
On Wednesday, Somali President met with envoys of donor countries in the capital Mogadishu. President Hassan Sheikh Mohamud highlighted the importance of a functioning public finance system for the government of Somalia. He also said that one of the government's specific policies is to create an effective financial system. With the creation of a special financial facility (SFF) and public financial management (PFM) structure Somalia will start to move towards recovery.
The President also said that to secure Somalia’s public resources there must be effective, accountable, and transparent financial institutions, and Somalia needs to be supported in the establishment of such institutions.
Somalia has been without a functioning government since 1991 but the election of Hassan Sheikh Mohamud as the Somali president in September 2012 has been widely viewed as the first democratic step, prompting many countries to formalize ties with the Horn of Africa Nation.
The UN envoy said the new Somali government has proved to be a representative and democratic one. The United Nations on the other hand promised renewed support for the Horn of Africa nation, affirming tangible change in Somalia that must be supported.
An eight year old UN backed transition period finally cleared the way for the formation of the first elected Somali government in 43 years.
The UN is also confident that the new Somali government meets the aspirations of the people and could pave the way for the reconstrution of the war-torn nation.
On Wednesday, Somali President met with envoys of donor countries in the capital Mogadishu. President Hassan Sheikh Mohamud highlighted the importance of a functioning public finance system for the government of Somalia. He also said that one of the government's specific policies is to create an effective financial system. With the creation of a special financial facility (SFF) and public financial management (PFM) structure Somalia will start to move towards recovery.
The President also said that to secure Somalia’s public resources there must be effective, accountable, and transparent financial institutions, and Somalia needs to be supported in the establishment of such institutions.
Somalia has been without a functioning government since 1991 but the election of Hassan Sheikh Mohamud as the Somali president in September 2012 has been widely viewed as the first democratic step, prompting many countries to formalize ties with the Horn of Africa Nation.
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