{"id":8368,"date":"2014-04-28T09:11:51","date_gmt":"2014-04-28T13:11:51","guid":{"rendered":"http:\/\/www.zegabi.com\/articles\/?p=8368"},"modified":"2014-04-28T09:13:46","modified_gmt":"2014-04-28T13:13:46","slug":"somalia-cabinet-approves-new-governor-of-central-bank","status":"publish","type":"post","link":"http:\/\/www.zegabi.com\/articles\/8368","title":{"rendered":"Somalia: Cabinet approves new governor of central bank"},"content":{"rendered":"<p><a href=\"http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2014\/04\/download-1.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-8369 alignleft\" alt=\"\" src=\"http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2014\/04\/download-1.jpg\" width=\"299\" height=\"169\" srcset=\"http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2014\/04\/download-1.jpg 299w, http:\/\/www.zegabi.com\/articles\/wp-content\/uploads\/2014\/04\/download-1-220x124.jpg 220w\" sizes=\"(max-width: 299px) 100vw, 299px\" \/><\/a>Somali ministers have selected Bashir Isse Ali to head the country&#8217;s central bank.<\/p>\n<p>Ali, who has been described as a veteran banker, had been serving as interim director of the bank after Yussur Abrar resigned last year &#8211; reportedly over pressure to approve deals that compromised her duties to the Somali people.<\/p>\n<p>Prime Minister Abdiweli Sheikh Ahmed, during the meeting last week,\u00a0<a href=\"http:\/\/mad.ly\/4691c4?o=tm\">noted<\/a> that &#8220;The Central Bank is essential to managing government revenue in a transparent manner, and I expect the government&#8217;s plan to create trustworthy and effective economic institutions will boost Somalia&#8217;s efforts to regain its status.&#8221;<\/p>\n<p>Reports indicate that the alleged high levels of corruption in the country is threatening to drive a wedge between the government and its donors.<\/p>\n<p>Meanwhile, Maryam Abdullahi Yusuf has reportedly been appointed the assistant governor of the bank.<\/p>\n<p>The cabinet also discussed the creation of districts and regional administration in the country. Prime Minister Ahmed has delegated the duty of developing a criterion for the project to the Ministry of Interior\u00a0&#8211; who are expected to present their recommendations to the council.<\/p>\n<p>Photo\/Central Bank of Somalia<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Somali ministers have selected Bashir Isse Ali to head the country&#8217;s central bank. Ali, who has been described as a veteran banker, had been serving as interim director of the bank after Yussur Abrar resigned last year &#8211; reportedly over<span class=\"ellipsis\">&hellip;<\/span> <span class=\"read-more\"><a href=\"http:\/\/www.zegabi.com\/articles\/8368\">Read more &#8250;<\/a><\/span><\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[44,1],"tags":[2657,2658,802,64,2655,2656],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"_links":{"self":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts\/8368"}],"collection":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/comments?post=8368"}],"version-history":[{"count":0,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/posts\/8368\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/media?parent=8368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/categories?post=8368"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.zegabi.com\/articles\/wp-json\/wp\/v2\/tags?post=8368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}