• This website is being upgraded. Theme is temporary.

Blue-Print To End Poverty In Puntland

DR OSMAN

AF NAAREED
VIP
Welcome all Puntites, please come in and contribute to this topic on how to overcome Poverty. We in PL luckily we are not starving but we are not exactly wealthy with our youths not owning assets, they also lack any marketable skills to gain an income. We have a very large youthful population in Puntland and any idea or policy will need to be designed for this segment of our population or else we will never leave the trap of poverty as long as the bulk of our population are sitting by idly and not producing or delivering a product.

Poverty is a situation when a person lacks a marketable skill to acquire an income or their assetless, historically and even now assets are handed down thru generational wealth from family to family. We need to encourge in Puntland to develop 'inheritance wills' and hand down generational wealth for their next generation. We need to invite companies into Puntland to train our youthful population to develop a skill. We need government to subsidize land plots so it's affordable for working puntites to buy a property. We need the banking infrastructure to explode in Puntland so people can take out loans for homes, cars, or investment.

We need a multi-partnered strategy at the government level setting aside land plots for young people who work in Puntland at discounted rates to match their income. We must encourage Puntites to take out loans from puntland bankers to buy an asset as this will be passed down generationally to their kids as assets. We must set-up labor laws to ensure businesses are paying wages according to market rates and living costs.

Anyone found paying below market rates and living costs must be fined or their business license removed. We need business-govt to work together to create boom of home ownership among our youthful population so they can develop assets to hand down to their kids.

What other ideas do you guys suggest to conquer poverty in Puntland. We must come together as puntites and be realistic on how to switch our region into becoming a middle income nation.
 

DR OSMAN

AF NAAREED
VIP
Without government intervention ensuring labor laws you will become like 3rd world country. Australia is large resource based economy, but it has strict labor law to ensure companies pay enough money to cover cost of living which allows for their people to move into home ownership which stimulates their construction industry.

If Puntland govt sits back letting the market regulate itself without any intervention, they will pay our workers 3rd world and this won't stimulate PL economy, beyond hand to mouth existence and not achieving a middle class.
 

Trending

Latest posts

Top