Friday April 5, 2019
Mogadishu (HOL) - Prime Minister Hassan Ali Khaire said his government has settled $100 million in internal debts that previous governments failed to honour.The PM said Somali ministry for finance cleared $100 million owed to contractors and civil servants.
In a statement, Khaire noted that Somali government succeeded in creating a debt management strategy to ease the payment for the last two years.
He explained that the current administration headed by President Mohamed Abdullahi Farmajo inherited the debts from previous administrations.
“Since we assumed office, the government did not take on any new debt. Instead, it successfully managed to pay $100 million USD owed to contractors and the salaries,” he said.
The Prime Minister's comments come two weeks after hundreds of government soldiers vacated their posts in Lower and Middle Shabelle.
The Somali government said it succeeded in paying the salaries of armed forces.
The military soldiers vacated their military bases in protest over months of unpaid salaries. The abandonment jeopardized the fight against Al-Shabaab who quickly moved to occupy the bases left by the SNA.