| answer text |
<p>The allegations of corruption contained in the Somalia and Eritrea Monitoring Group
report are deeply concerning. We take them seriously and continue to work in partnership
with the Somali authorities and other international partners such as the World Bank
to improve the overall transparency and accountability of public financial management
in Somalia.</p><p>Reforming Somalia’s public financial management system has been
a priority for the Federal Government since 2012, when they inherited extremely weak
systems. Since then they have taken various steps, such as the introduction of an
automated financial management information system, and also established a “Financial
Governance Committee (FGC)” in early 2014 composed of key members of the Federal Government
and international financial institutions (IFIs), which we welcomed. The FGC has enabled
the IFIs to provide key reform advice at the request of the Somalis on asset management,
public sector procurement processes, and public financial management reforms. We continue
to monitor the progress being made around delivering against the advice that has been
received and will support further public financial management reforms to create transparent
and sustainable public systems.</p>
|
|
