Hussein Abdi Halane
| Hussein Abdi Halane حسين عبدي هالاني |
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|---|---|
| Minister of Finance of Somalia | |
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In office 17 January 2014 – 27 January 2015 |
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| Prime Minister | Abdiweli Sheikh Ahmed |
| Preceded by | Mohamud Hassan Suleiman |
| Succeeded by | Mohamud Ibrihim Adan |
| Personal details | |
| Born | Somalia |
Hussein Abdi Halane (Somali: Xuseen Cabdi Xalane, Arabic: حسين عبدي هالاني) is a Somali economist and politician. He twice served as the Minister of Finance of Somalia.
Halane previously worked many years with the UNHCR. He was also a former East Africa Director for the Save the Children NGO.
On 4 July 2010, after a Cabinet reshuffle, Halane was named Somalia's Minister of Finance by Prime Minister Omar Abdirashid Ali Sharmarke.
Halane was one of only two ministers retained by Sharmarke's successor Mohamed Abdullahi Mohamed. He subsequently served in an enlarged Ministry of Finance and Treasury until Mohamed's resignation as Premier on 19 June 2011, when Halane in turn stepped down from office.
In December 2013, Halane alongside former Transportation Minister Abdiwahid Elmi Gonjeh was reportedly among the leading candidates for Prime Minister of Somalia. The position eventually went to economist Abdiweli Sheikh Ahmed.
On 17 January 2014, new Prime Minister Ahmed re-appointed Halane as Minister of Finance of Somalia.
In February 2014, Halane announced the establishment of a new financial governance committee. The panel is part of an effort by the central authorities to build a more transparent financial system in order to attract additional foreign budget assistance. It will see Somali officials confer with World Bank, International Monetary Fund and African Development Bank representatives, with committee members tasked with providing advice on financial matters.
In February 2014, Finance Minister Halane announced that the federal government is slated to launch a comprehensive new taxation system. The initiative aims to diversify and increase public revenue by taxing real estate firms, money transfer companies, mobile phone operators, and other major businesses. To this end, Halane began negotiations with local business community executives over tax rates and collection. The taxation plan is intended to domestically raise funds for 50 to 60 percent of forecast government spending, with donor funds covering the remaining expenditure. Additionally, Halane in conjunction with Mogadishu's mayorship was formulating a taxation plan for land sales in the city to accommodate the capital's growing construction sector.
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Wikipedia