the international monetary fund agency assessment work to Somalia reported progress for the Somalia federal government financial management and economic recovery. in days of assessment made by the IMF team to Somalia financial management system has responded a high growth for national income and economic recovery.
in a quarterly meeting financial and economic of Somalia between IMF and Somalia federal government in Nairobi has produced a positive mark to the Somalia economic and financial management. the IMF presented report that Somalia has fulfilled 27 conditions for the IMF debt relief that has worked for the Somalia government which allows Somalia debt clearance and publication of new Somali Shilling bank notes.
Somalia federal government financial encystment has structure of monitoring through national organs from the ministry of finance, parliament committees for PFM budget and financial management and national general auditor as well national bank board. all these stakeholders has redistricted financial corruption which has been wide before.
