Somalia: Puntland Parliament approves $60 million Budget for 2015

Published: December 17, 2014
Puntland Parliament
Puntland Parliament

Puntland Parliament on Wednesday unanimously approved 2015 budget which was submitted by the Ministry of Finance weeks ago.

Members of the Parliament passed the budget which is $60,182,159 and was voted in favour by 51 MPs, according to the Speaker of the Parliament Mr Said Hassan Shire.

The sum, which is twice more than 2014 budget ($ 29 million) is expected to enable the government improve security, healthcare delivery, infrastructure and economic development.

Puntland Ministry of Finance’s officials said that the budget will mainly be based on the funds received from the International donors and also from local sources like collection of tax.

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