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Number of posts : 201 Age : 33 Registration date : 2010-10-01
| Subject: Reforms aaaaa Fri 12 Nov 2010, 11:55 | |
| Somalia's new coalition government has enacted numerous political reforms since taking office in 2009, with an emphasis on transparency and accountability. One of its first changes involved ensuring that all government institutions, which had previously been spread out in various areas throughout the country, were now based in Mogadishu, the nation's capital. The Central Bank of Somalia was also re-established, and a national plan as well as an effective anti-corruption commission were put into place.[107] In July 2009, Somalia's Transitional Federal Government hired Pricewaterhousecoopers (PwC), one of the world's largest professional services companies and the largest of the Big Four auditing firms, to monitor development funding, with PwC now serving as a trustee of an account in Mogadishu earmarked for the security, healthcare and education sectors.[108] This was followed in November of that year with a $2 million agreement between the government and the African Development Bank (AfDB), which saw Somalia re-engage with the AfDB after nearly two decades of interruption. The grant is aimed at providing financial and technical assistance; specifically, to develop a sound legal framework for monetary and fiscal institutions and human and institutional capacity building, as well as to establish public financial systems that are transparent.[107] While its institutions still have room for improvement, the Transitional Federal Government continues to reach out to both Somali and international stakeholders to help grow the administrative capacity of the Transitional Federal Institutions and to work toward eventual national elections in 2011, when the interim government's mandate expires iphone developersWhat Is Hypodermic Tube Bending | |
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