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Somaliland Public Finance Laws

Constitution: Articles 54 & 55

The main law & regulations governing public finances are, subject to the  changes brought about by the later constitutional provisions, the the following 1996 laws:

• The Financial & Accounting Procedures of the State - Law No. 90/1996  - English (large pdf file copy)
• Regulations for the Accounts of the State - Law No.86/1996 - English -  (large pdf file copy)
• Presidential Decree 249/1996 keeping the above Law and Regulations in force in Somaliland - Somali       English

 Both the Law and the Regulations are an exact reproduction of the law and regulations with the same name passed in the Somali Republic in 1962, but should of course now be read with the provisions of the Somali Constitution. For an examination of how the budget controversies between the President and the House of Representatives were partly clouded by the interaction between these old laws and the constitution, see  this extract of an article by the Somalilandlaw.com editor.  The House of Representatives is still considering a new Budget Law.

The following other laws from the 1960s were also adopted in 1996 in the same Presidential Decree (249/96 of 15 May 1996) which implemented the above law and regulations:

1. Customs Law -  No. 91/96
2. Stamp Duty Law  - No. 85/96
3. Investigation and Suppression of Violation of Financial  law -  No. 86/96
4. Stores Regulation – No. 88/96
5. The Body of Laws on Direct Taxation No. 89/96

Other Revenue & public finance laws:

• Ports Taxes Law
• Central Bank Law
• Somaliland Money Law
• Circulation Tax Law No. 82/96
• Sales Tax Law  No. 84/96
• Registration Tax Law No. 83/96
• Office of the Auditor General Law No.   05/1998
• Aviation & Airport Tax Law 10/1999
• Post & Telecommunication Taxes 11/1999
• Local Gov't Unified Tarrifs Law No. 12/1999

The House of Representatives’ Economy & Finance Committee investigated and analysed the first budget   submitted to the newly elected House in 2006. A copy of their study is attached. This is the best oversight report of the budget undertaken by the Committee.  

The following assessmen

2003   2004   2005   2006   2008   2009 Naqdiga Miisaaniyada 2009

ts of the last Somaliland budgets were made by Mr Ali Gulaid CPA: