Minister of Finance Federal Government of Somalia
Wasaaradda Maaliyadda, Dolowdda Federalka Soomaaliya
In August 2016, H.E. the President of the Federal Government of Somalia signed the Public Procurement, Concessions and Disposal Act into law. The purpose of the Act is to establish institutional structures for managing public procurement and to provide pro cedures for public procurement, administration of concession agreements, and disposal of unserviceable, obsolete, or surplus stores, and equipment by public entities. The Act provides for the establishment of an Inter -Ministerial Concessions Committee (IMCC) and a Public Procurement Authority to oversee these activities.
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