Mogadishu (Dawan Africa) – Somalia has launched today the Public Financial Management (PFM) Digitalisation Framework, a new initiative designed to modernise state finances, improve transparency, and reduce corruption risks.
The launch ceremony was held in Mogadishu and organised by the Office of the Accountant General in collaboration with the Ministry of Finance, with support from the World Bank’s SERP Project.
Officials said the framework introduces a PFM Digital Signature system that will reduce reliance on paperwork, increase efficiency, and strengthen financial accountability across government institutions.
National Accountant General Abdirahman Mohamed stated: “This programme, which becomes operational on the 30th of this month, will enhance efficiency, reinforce accountability, and safeguard public finances.”
The framework is part of broader reforms to strengthen Somalia’s financial discipline, improve delivery of public services, and build trust with international partners. The World Bank has been a key supporter of these reforms, which have been underway since January 2024.
Over the past decade, Somalia has implemented a series of Public Financial Management reforms in cooperation with global partners. Independent observers say digital systems are expected to curb opportunities for graft, improve oversight of public funds, and speed up financial procedures across government.
