Somalis are finished. With the newly bult power dum and now nuclear-- your Barkhad Abdi a#$ is Qalas
miss me with that bullshitSomalia was finished in 1991
not gonna drop a whole thesis on this but your half rightmiss me with that bullshit![]()
The stench of raw hilib is emitting through your screen, AbelPeople will see stuff like this and genuinely believe Ethiopia will fall and Somalia will rise. Mental illness
Never gone happen Ethiopia is consistently in a civil war.if they can't manage a country how will my manage a nuclear power plant ? They can't even give out condoms to have safe sex and they are now riddled aids how will they clean nuclear waste or spills? In other words Ethiopians are primative people with ak'sSomalis are finished. With the newly bult power dum and now nuclear-- your Barkhad Abdi a#$ is Qalas
Now if you said Kenya that's a different topic and maybe slightly believableSomalis are finished. With the newly bult power dum and now nuclear-- your Barkhad Abdi a#$ is Qalas
I find alot of the old posters so fascinating, they literally sit around and fantasize about somali peoples destruction, I have a feeling I know why lol but its so fascinatingSomalis are finished. With the newly bult power dum and now nuclear-- your Barkhad Abdi a#$ is Qalas
if a lot of the economy is based on diaspora or migrants breaking bread then we are obviously in trouble
According to a UN/World Bank study, in 2017/18 remittances accounted for only 6% of mobile money transaction value.
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Mobile money represents over 90% of all transfers in Somalia, valued at about $2.7 billion per month , roughly 36% of GDP. That means remittances are around 2% of the economy
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That's because from 2012 their importance fell dramatically:
''However experts acknowledged that the role of MTO in the economy has been declining since 2012 due to the return of many Somali Diasporas , and increase in the production of the domestic economy as result of new investments from both foreign investors and Somalis.''
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You can see this in another 2020 survey . Remittances played a very small role for most peoples incomes. It's only like a small portion like 3-14% of their income in most places so by and large when its received its treated as a supplemental income.
Households mostly relied on wage labor or small businesses.
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Overall only 8% of rural and urban population counted on remittances as their main source of income.
26% of rural households rely on agriculture and fishing and 16% rely on small businesses.
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Most diaspora money coming in isn't remittances at all. It Is direct investments into various sectors as this survey from a few years ago managed to find and distinguish.
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The diaspora for years now have functioned more like FDI(investors) in actuality and not a lifeline keeping people afloat.
Thanks to their return and investments, about 92% of Somalis support themselves through wage labor, business, agriculture, or fishing. The majority of the population is economically active and self-sustaining.
If Somalia’s real GDP is closer to $90 billion , as mobile money estimates from 2018 suggest that captured the informal activity, then the 1.4 billion remittances are only a small fraction of the economy.
Somalis are a nation that died a long time ago
These two are landers by the way.People will see stuff like this and genuinely believe Ethiopia will fall and Somalia will rise. Mental illness
It’s kinda sadThese two are landers by the way.
The fact you said ‘People see stuff like this’ proves my point . Ethiopia’s whole development model is built on PR stunts and flashy mega-projects around Addis, almost always funded by foreign loans or piling up debt. And yet, none of it translates into real material benefits for the average Ethiopian citizen.People will see stuff like this and genuinely believe Ethiopia will fall and Somalia will rise. Mental illness
I find alot of the old posters so fascinating, they literally sit around and fantasize about somali peoples destruction, I have a feeling I know why lol but its so fascinating