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Central Bank of Somalia
The Central Bank of Somalia (CBS) (Somali: Bankiga Dhexe ee Soomaaliya, Arabic: ?????????? ?????????????? ????????????????) is the monetary authority of Somalia. Somalia has struggled to reestablish a functioning state since the collapse of an authoritarian regime in 1991. Somalia has been cited as a real-world example of an anarchist stateless society and a country with no formal legal system. The Transitional Federal Government, formed in 2004, was recognized as the central government of Somalia. Among other duties, it is in charge of ensuring financial stability, maintaining the internal and external value of the local currency, and promoting credit and exchange conditions that facilitate the balanced growth of the national economy. Within the scope of its powers, it also contributes to the financial and economic policies of the State. History 15 November 1920, the Banca d'Italia opened a branch...
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str.rdfs:commentThe Central Bank of Somalia (CBS) (Somali: Bankiga Dhexe ee Soomaaliya, Arabic: ?????????? ?????????????? ????????????????) is the monetary authority of Somalia. Somalia has struggled to reestablish a functioning state since the collapse of an authoritarian regime in 1991. Somalia has been cited as a real-world example of an anarchist stateless society and a country with no formal legal system. The Transitional Federal Government, formed in 2004, was recognized as the central government of Somalia. Among other duties, it is in charge of ensuring financial stability, maintaining the internal and external value of the local currency, and promoting credit and exchange conditions that facilitate the balanced growth of the national economy. Within the scope of its powers, it also contributes to the financial and economic policies of the State. History 15 November 1920, the Banca d'Italia opened a branch... -
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str.rdfs:labelCentral Bank of Somalia