Somaliland Ministry of Finance meets World Bank offcials to accelerate development project
The Ministry of Finance and Economic Development of Somaliland, led by Director General Mohamed Hasan Saleebaan, met with a World Bank delegation to discuss strategies for accelerating ongoing projects and planning new initiatives, aiming to strengthen economic development and improve project outcomes.
The Director General of the Ministry of Finance and Economic Development of Somaliland, Mohamed Hasan Saleebaan, held a high-level meeting on Wednesday afternoon with a delegation from the World Bank at the ministry’s headquarters in Hrgeisa.
The discussions centred on reviewing ongoing World Bank-supported projects in Somaliland, exploring ways to accelerate their implementation, and planning new initiatives expected to launch in the near future.
During the meeting, officials from both sides addressed challenges affecting current projects and discussed potential solutions to improve project efficiency and outcomes. Emphasis was placed on streamlining project management processes, enhancing monitoring mechanisms, and ensuring that all initiatives deliver meaningful results to the people of Somaliland.
The delegation and ministry officials also highlighted the importance of achieving the intended objectives of each project while ensuring transparency, accountability, and optimal use of resources. Part of the discussion focused on preparing detailed work plans for upcoming projects, with a view to ensuring timely implementation and maximum development impact.
This engagement is part of ongoing efforts to strengthen cooperation between the Ministry of Finance and the World Bank, and it demonstrates a shared commitment to Somaliland’s economic growth and development. Both sides agreed that sustained dialogue, technical collaboration, and joint problem-solving are essential for the success of current and future projects.
The meeting is expected to continue in the coming days, with further sessions planned to delve deeper into the technical, operational, and strategic aspects of development projects, ensuring that they remain on track and contribute meaningfully to Somaliland’s socio-economic progress.
