The Council of Cabinet approved financial statements for the year ending December 31, 2023.
Meeting under the leadership of Prime Minister Hamza Abdi Barre on Thursday, the ministers agreed to approve the statements.
The approval of the financial year 2023 closing statement by the cabinet signifies a crucial step in ensuring transparency and accountability in government operations.
Additionally, the Memorandum of Understanding (MoU) between the Ministry of Fisheries & Blue Economy and the Abu Dhabi Ports Group could indicate potential advancements in Somalia’s maritime and economic sectors.
This partnership might focus on improving port facilities, enhancing fishery resources, and fostering economic growth through better infrastructure and investments.