Somalia auditor general slams government finances

MOGADISHU (Reuters) – The Somali government is keeping some donor funds offshore and none of the ministries have completed last year’s accounts, the auditor general said in a report published on Wednesday. The critical audit comes as World Bank considers forgiving Somalia’s debt burden of $4.6 billion to help the government win greater access to international financing to tackle nearly three decades of lawlessness and violence. The report said $18 million from the European Union, Saudi Arabia and the United Nations did not pass through the treasury’s account at the central bank. Some…

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