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President Farmajo launches social safety net program to reduce poverty

MOGADISHU — The President of the Federal Republic of Somalia, H.E. Mohamed Abdullahi Farmajo, has Saturday launched at the presidential palace a nationwide social safety net program, which is better known as “Baxnaano”, to help protect the poor and vulnerable families. The Baxnaano program is funded with a pre-arrears clearance …

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Somalia suspends tax collection on basic commodities over COVID-19

MOGADISHU — The federal government of Somalia has suspended the collection of taxes on basic commodities from traders for the next three months over the new coronavirus pandemic. Somalia’s minister of Finance Abdirahman Beileh said that the government’s revenue department will not collect taxes from traders for the next three …

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