Somaliland lower house’s finance committee held talks with finance minister

The Somaliland house of representatives’ finance committee and other senior officials led by the finance minister Sacad Ali shire have held talks today in Hargeisa. The meeting, which lasted a few hours, was intended to address the current economic situation in Somaliland.

Speaking to the media, the finance minister stated that this meeting is the first meeting the two sides have had since the new committee was appointed by the house speaker. He also clarified they discussed in depth the national annual financial procedure.

The two sides underscored that the meeting ended up with progress and they expect that more other follow up meetings will be conducted.

Last week, The Somaliland house of representatives’ finance committee summoned today the executive director of the national insurance agency Soleiman Awad Bukhari over the controversial quota of Amaano company on imported vehicles insurance.

The supreme court of Somaliland announced the suspension of the quote given to Amaano Company by the national insurance agency and eventually the director of the agency accepted it today and said the public has a right to be considered their voices.