Ministry of Finance (Somalia)

Federal Republic of Somalia
Finance
Wasaaradda Maaliyadda
Agency overview
Formed31 August 1960; 64 years ago (1960-08-31)[citation needed]
JurisdictionGovernment of Somalia
HeadquartersBondhere, Banaadir, Mogadishu Somalia
2°2′24″N 45°20′46″E / 2.04000°N 45.34611°E / 2.04000; 45.34611
Agency executive
  • [Bihi Iman Egeh], Minister
Parent agencyCabinet of Somalia
Websitewww.mof.gov.so
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The Ministry of Finance (Somali: Wasaaradda Maaliyadda), abbreviated MOF, is a ministry of the Government of Somalia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Somali federal budget to the Parliament.