Ministry of Finance – Galmudug State, Somalia

Budget

Department

he Budget Department is responsible for developing the IGA annual budget in accordance with policies endorsed by the Council of Ministers, based on the assessment of economic conditions within the state. The budget coordination section is responsible for developing the initial budget circular seeking budget submissions from Ministries. The circular should provide guidance on the fiscal situation and set budget ceilings for ministries based on IGA priorities and projected available resources.

Revenue measures and estimates will be developed by the Customs and Taxation Department for inclusion in the annual budget presentation. The proposed Budget Operations sections are designed to provide analytical scrutiny of Ministry budget proposals and contribute to the budget preparation process. They would also develop policy proposals for the Council of Minister’s consideration. Initially, it is suggested only one Budget Operations section be staffed, as the workload for budget development will be modest across the Ministries and can be shared across the 3 staff.