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Somali Federal Cabinet Seeks 2016 Budget Approval from Federal Parliament

Storyline:National News

Somali Federal Finance Ministry presents $216 million budget for 2016 to Somali Federal Parliament in a bid of approval.

The deputy finance ministry Mohmmad Hayer Ibrahim explained members of parliament the source of 2016 budget as combination of national revenues and foreign aid. 64% of 2016 budget is calculated to come from local revenues while the rest will be foreign aid from International donors.

The Federal parliament is set to debate the budget in series of readings and if get enough votes will be approved before January.

Somali Federal cabinet approved the budget a week ago amid calls of transprancey