Burkina Faso makes more in revenue from Gold than all Somali states combined

[Barkhadle1520]

Burkina Faso made 4B$ from gold exports in 2023

Lets compare that to Somali states revenue/budget

FGS revenue in 2023 : 738M$

Puntland in 2023 : 376M$

Somaliland in 2023 : 358M$

And Djibouti is approximately 500M$

If you add all these its still 2B$

Burkina Faso has around the same population than Somalia and don't pull the Al shabaab excuse cause they're in a similar situation

Ibrahim Traore took over in 2022 and gold revenues have gone even higher up since they nationalized other gold mines in 2024

This highlights the failure that is Somalia's government, what were they doing since 2004 (or 2012 depending who you ask)

Im leaning towards the idea that Somalia cant be saved, the south is a shitshow and theyre just dragging other somalis down with them

 

[Midas]

View attachment 365419
Burkina Faso made 4B$ from gold exports in 2023

Lets compare that to Somali states revenue/budget

FGS revenue in 2023 : 738M$

View attachment 365420

Puntland in 2023 : 376M$

View attachment 365421

Somaliland in 2023 : 358M$

View attachment 365422

And Djibouti is approximately 500M$

If you add all these its still 2B$

Burkina Faso has around the same population than Somalia and don't pull the Al shabaab excuse cause they're in a similar situation

Ibrahim Traore took over in 2022 and gold revenues have gone even higher up since they nationalized other gold mines in 2024

This highlights the failure that is Somalia's government, what were they doing since 2004 (or 2012 depending who you ask)

View attachment 365423
View attachment 365424

Im leaning towards the idea that Somalia cant be saved, the south is a shitshow and theyre just dragging other somalis down with them

I think your a bit confused about what your reading. Those 4 billion dollars are all of burkina faso's exports. That is not the same at all as the revenue a government collects.

Also why you would ever bring up burkina faso as a comparison is beyond me. Only 20% of their pouplation has acess to electricity and they have a literary rate of 34% .

 

[Barkhadle1520]

I think your a bit confused about what your reading. Those 4 billion dollars are all of burkina faso's exports. That is not the same at all as the revenue a government collects.

Also why you would ever bring up burkina faso as a comparison is beyond me. Only 20% of their pouplation has acess to electricity and they have a literary rate of 34% .

No Im right, the text clearly says that its gold exports which amount to 70% of all exports, this is well documented and Somalia isnt far from that mark when it comes to literacy rates, only SL regions get past the 50% mark

Ibrahim Traore did more for his country in 3 years than TFG/FGS in more than 2 decades