The Federal Government of Somalia (FGS) has approved the 2022 budget worth more than $918.7 million.
The East African country’s Council of Cabinet held a meeting on May 26 to deliberate on the budget.
Cabinet gave its nod of approval to the budget that new President Hassan Sheikh Mohamud is now to implement with the help of his administration.
The budget is the largest that the cabinet of ministers has ever approved in Somalia.
Other large ones include $671.8 million in 2021, $459 million in 2020, and $344 million in 2019.