Somaliland Ministry of Finance published a year's end economic review of 2020.
Can be found in the Annual Economic Performance 2020, search "Kat".
https://slmof.org/reports/
They have since stopped reporting the volume and the value of imports.
Somaliland imports more Khat by value than rice and wheat put together!
Khat is the #1 import item, by far.
Khat is 11.9% of all imports by value
Value of all imports is 17.15 trillion SL shillings or $2.45 billion
11.9% of $2.45 billion is $291.6 million dollars spent on Khat imports each year!
How much is $291 million in comparison with Somaliland's economy?
It is a huge portion. Somaliland's entire gov budget in 2020 was 2.01 trillion SL shillings or $235.35 million
Somaliland is a failed state. Its Khat imports are 20% larger than its budget.
This was three years ago at the height of the pandemic when khat imports had been slowed.
Who knows what it spend now.
Can be found in the Annual Economic Performance 2020, search "Kat".
https://slmof.org/reports/
They have since stopped reporting the volume and the value of imports.
Somaliland imports more Khat by value than rice and wheat put together!
Khat is the #1 import item, by far.
Khat is 11.9% of all imports by value
Value of all imports is 17.15 trillion SL shillings or $2.45 billion
11.9% of $2.45 billion is $291.6 million dollars spent on Khat imports each year!
How much is $291 million in comparison with Somaliland's economy?
It is a huge portion. Somaliland's entire gov budget in 2020 was 2.01 trillion SL shillings or $235.35 million
Somaliland is a failed state. Its Khat imports are 20% larger than its budget.
This was three years ago at the height of the pandemic when khat imports had been slowed.
Who knows what it spend now.
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