Challenges of Public Financial Management Reform in Somalia
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INNOVATIVE SCIENCE PUBLISHING
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There is an unprecedented and pressing need for major legal reforms in Somalia's public financial management to strengthen the technical and operational efforts to implement a modern public financial management system across the country. Currently, there is no independent audit authority that enables citizens to access information on the use of public services. However, the success of any transformation depends on the development of sound public budget programs and the creation of strong public financial training programs and policy linkages to financial management policies and procedures. This research document addresses the current challenges in the transformation of public finance management in Somalia.
Keywords
financial management