Finance Minister and his team appear before parliament on 2023 annual budget estimates briefs

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M. A. Egge.

Officials of the ministry of finance led by the Minister Hon. Dr. Saad Ali Shire flanked by his Deputy Hon. Amb Rhoda Jama Ilmi led their team of financial chiefs to hold brief before the House of representatives on Monday 14th November 2022 as regards the 2023 annual budget estimates.

They comprised of the ministerial DG Mr. Mohamed Abdi Gurhan, the Accountant General Mr. Ahmed Daud Gedi and the departmental heads who were readily prepared to give briefings and highlight issues that procedurally arise from legislative grilling.

The 2023 annual budget submitted to the House of Representatives on October 31, 2022 and still before the House amounts to 3,581,440,706,340, (Three trillion, five hundred and eighty one billion, four hundred and forty million, seven hundred and sixty thousand and three hundred and forty shillings). This year’s total budget is 4% more than the previous year, while the central government’s budget is 5% more than the previous year.

The 2023 Annual Budget Estimates comprise of:-

  • General government budget
  • Central Government Budget
  • Local government budgets
  • Independent Institutions (Parastatals)
  • Foreign

The 2023 annual budget increased or exceeded that of 2022 by 4%, while that of the federal government budget increased by 5% compared to previous budgets.

The 2023 budget forecast will focus on the following items:

  1. Security
  2. Elections
  3. Agricultural production
  4. Water
  5. Fish
  6. Environmental protection
  7. Recognition issues
  8. Vocational Schools and
  9. National Employment Program

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