Somaliland’s finance minister: We spent $1.5 million a day in the war

[Thegoodshepherd]

Unbelievable! He admitted that SL spent $1-$2 million a day during the 6 month war in Sool.

No wonder these people are in shock. They really left nothing in the tank, that was all they had.

 

[Enlightenednomad]

Not believable. That's close to 300 million dollars if we count from February 6th to just August 25th. Maybe a good portion of that money was looted by the top brass of the government.

 

[Bazed]

What the actual f*ck? How are the people even supporting this anymore? I've seen videos of properties being confiscated from citizens as well. All this talk about being a peaceful democracy only to be no different from the rest.

 

[Magaffe]

300mil to lose.

Imagine what Somaliland could have accompolished if that they put that money towards infrastructure (Rail, roads, airports ETC).

What an absolute disgrace.

 

[Internet Nomad]

What the actual f*ck? How are the people even supporting this anymore? I've seen videos of properties being confiscated from citizens as well. All this talk about being a peaceful democracy only to be no different from the rest.

Just imagine the amount of projects that could’ve been done with 300 million.

All spent on shitty weaponry that they lost .

 

[Dhiirane]

Bank rupt that is lot of money that has gone up in smoke .
What's the seccenists finance minister qabiil?

 

[Internet Nomad]

Also every dollar spent needs to be tracked because spend 2m per day sound ludicrous there needs to be a person or persons that are stealing the money.

Everyone needs a bank ID and physical cash should be left behind.

We need answers on where this money is going.

 

[Abdalla]

Wow this was a 400 million operation…?

 

[Gaandheri]

Wtf $254 million to $508 million spent to kill your own Muslim Somali brother. Could have used that money for development and possibly making a man made lake or river for that dry ass land.

 

[mohammdov]

Bank rupt that is lot of money that has gone up in smoke .
What's the seccenists finance minister qabiil?

Habar awal cs

 

[Dhiirane]

Habar awal cs

He had this post for ages I think during even Siilanyo times, for some reason I thought he was HJ.

 

[The Midlands]

I have said something like this before($1m daily) They live a difficult life as a result of this war and the taxes have increased.

 

[Dalalos_ibn_Adali]

Alot of "states" are today just paper states that are totally bankrupts and fear clan resurrection

 

[Midwestern]

He probably means on the days when there was fighting. Zu-23s were one of the heavily used weapons on the battlefield and each of its pullets cost a little over $50.

 

[Magaffe]

Wtf $254 million to $508 million spent to kill your own Muslim Somali brother. Could have used that money for development and possibly making a man made lake or river for that dry ass land.
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Goodness me. The whole road has eroded. If guard rail posts arent even buried in anything anymore. Anyone that collides with it gonna go flying!!!

They better do something soon cause the batter is gonna keep collapsing.

 

[Thegoodshepherd]

Also every dollar spent needs to be tracked because spend 2m per day sound ludicrous there needs to be a person or persons that are stealing the money.

Everyone needs a bank ID and physical cash should be left behind.

We need answers on where this money is going.

@Kabtaanka @The Midlands Chinese roads now cost $1 million per km. The $300 million that he claims was spent on this war could have paid for the 175 km long Saylac-Cabdulqadir-Biyodidley road which connects to Ethiopia’s Dire Dawa-Dewele road. This road would have cost $175 million.

That leaves $125 million with which to build a basic port with 3-4 berths at Saylac and enough money leftover for one or two RTG cranes.

Somaliland would have replicated the Berbera Wajaale corridor and eaten big time into Djibouti’s 95% share of Ethiopia’s trade. The opportunity cost of this kind spending and borrowing is large. Ina Biixi is borrowing from Dahabshiil, Omaar, etc.. at crazy interest rates.

This will never happen as the Saylac-Cabdulqaadir corridor is a direct competitor with the Habar Awal owned & operated Berbera-Wajaale corridor. HA have no interest in using the revenue from Berbera port, Hargeisa, or the customs at Kalabaydh to help pay for the building of a competing Gadabursi corridor. Somaliland is not viable because the economic interests of people in Awdal are seen as directly threatning the livlihoods of the existing economic core.

 

[cow]

100 percent fake. more likely answer is they borrowed a lot of money from businesses like dahabshiil then embezzled the money and need a way to explain where the money went. a modern tank cost around 4 to 8 million dollars if somaliland had 1.5 million to spent a day they would have had better arsenal. its not that difficult to get it from the black market.

 

[Dhiirane]

100 percent fake. more likely answer is they borrowed a lot of money from businesses like dahabshiil then embezzled the money and need a way to explain where the money went. a modern tank cost around 4 to 8 million dollars if somaliland had 1.5 million to spent a day they would have had better arsenal. its not that difficult to get it from the black market.

Exactly ,also its a diversion or a deflection from what they r really up to even the way he is talking about it, one has to ask how do a sitting/current minister talk like that I find it amateurish.

 

[𐒋𐒖𐒆𐒔𐒖𐒕𐒈]

Unbelievable! He admitted that SL spent $1-$2 million a day during the 6 month war in Sool.

No wonder these people are in shock. They really left nothing in the tank, that was all they had.

In which case, if one were to crunch the numbers, it would be 420 million a month aggregating 3.3 billion over the Dec - Aug period.

In the rational mind, he probably misspoke, and might have meant a week instead, 64 million over the 8 month period, which would make more sense, for the entire SL budget in 2023 was 421.5 million.

Postscript:
The SSC expense estimation adds up making more sense by estimating 250 thousand daily cost of the operation, which amounts to 56 million over the said period.

 

[Thegoodshepherd]

In which case, if one were to crunch the numbers, it would be 420 million a month aggregating 3.3 billion over the Dec - Aug period.

In the rational mind, he probably misspoke, and might have meant a week instead, 64 million over the 8 month period, which would make more sense, for the entire SL budget in 2023 was 421.5 million.

Postscript:
The SSC expense estimation adds up making more sense by estimating 250 thousand daily cost of the operation, which amounts to 56 million over the said period.

I agree that $1.5 million per day seems very high but it is important to keep in mind that a single AK round costs $1. Ammo for heavier weapons is likely to be 3-5X more expensive. Somaliland also had to pay its soldiers, while SSC did not. This could partly explain why their costs are so much higher. War is expensive, when you crunch the numbers you can see how it can be $1.5 million a day.

Also, anyone that says that the entire SL army was not present outside Las Anod is lying. No one was spared. They were just beaten, flat out.