Ministry of Finance – Galmudug State, Somalia

Treasury

Department

The Treasury Department, headed by the Treasurer (alternative title is Accountant General), is responsible for all financial management processes, including revenue recording and payment processing. The department also provides cash management services, controls the cash accounts and manages the financial management information system (FMIS), budget preparation system (BPM) and revenue management system (RMS).

It is also responsible for accounting for the budget execution and the necessary financial reporting to IGA and citizens at large. The Treasurer normally provides written expenditure procedures and processes to be followed by Ministries when seeking payments based on the approved budget.