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Minister of Finance Holds Meeting with Ministers of World Bank-Funded Projects

The Minister of Finance and Economic Development of the Republic of Somaliland, Hon. Abdillahi Hassan Aden, accompanied Deputy Minister of Finance Hon. Ismail Mawlid Abdillahi and Director General of the Ministry Mr. Mohamed Hasan Saleban, and the Accountant General Mr. Hassan Muse, convened a significant meeting today at the Ministry’s headquarters. The meeting included ministers and project coordinators from the Ministries of Education, Energy…
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New rule. Bidders for international tenders for works financed by the World Bank will have to spend at least 30% of the total labour cost on the employment of local staff and workers. This will be required for all construction contracts of this internationally competitive financial institution. The World Bank announced this requirement on Friday. This provision will apply in Madagascar to all new projects approved by this Bretton Woods instituti…

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Somaliland Standard broke the news in on Wednesday, July 23, 2025.
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