Huge Protest in Garoowe and Bosaso, ridiculous inflation caused by counterfeit

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Whoever made the counterfeit should get arrested. This will increase inflation which will increase the price of the products. Worse of all it will decrease the value of the Somali shilling

And unemployment
 
Whoever made the counterfeit should get arrested. This will increase inflation which will increase the price of the products. Worse of all it will decrease the value of the Somali shilling

And unemployment
I Agree, PL receives most of the aid allocations in Somalia, they get alot of the SFG budget, they have their own port, don't pay a penny to the SFG taxes, but yet prints fake money. Puntites need to hold these thieves accountable, they're hurting the entire country.
 

Xooshdheere

how do i use this
I Agree, PL receives most of the aid allocations in Somalia, they get alot of the SFG budget, they have their own port, don't pay a penny to the SFG taxes, but yet prints fake money. Puntites need to hold these thieves accountable, they're hurting the entire country.
but c/weli gaas graduated from Harvard University!!1!!!1
 

EternalLightX

Queen of the light
VIP
Oh god it still looks so poor !!! I thought garowe was turning into a bustling metropolitan city :( what have we done to our country !!!
 

Ras

It's all so tiresome
VIP
I'm afraid this is just the start.

Farmaajo and co don't have the necessary institutions (competent central bank) or political leverage in place to replace the dying shilling.

If they do anyways they'll face the risk of moving more towards the dollar because of the lack of credibility they have.

If they don't then we'll end up in a recession because of lack of direction from the government.

The former option seems to be the better one as we'll be able to recover quickly as the new currency gains ground.

Still a risky move but something needs to be done.
 
I'm afraid this is just the start.

Farmaajo and co don't have the necessary institutions (competent central bank) or political leverage in place to replace the dying shilling.

If they do anyways they'll face the risk of moving more towards the dollar because of the lack of credibility they have.

If they don't then we'll end up in a recession because of lack of direction from the government.

The former option seems to be the better one as we'll be able to recover quickly as the new currency gains ground.

Still a risky move but something needs to be done.
the ppl responsible for the counterfeit currency have to be brought to justice, we all know fatass Gaas is behind this
 

Arma

GRAND Wizard of MJ SIXIR
VIP
You lot sure are enjoying yourselves in this thread. Mind of i join the party?
 
Oh god it still looks so poor !!! I thought garowe was turning into a bustling metropolitan city :( what have we done to our country !!!
Don't let people fool you on social media.


We are all poor , whether we are in Djibouti, Somalia Kenya or Ethiopia we are poor. Those few of us who are rich in these countries are often corrupt.
 

Arma

GRAND Wizard of MJ SIXIR
VIP
This is all just Cissa Mahamuuds, still being bitter that they're not President anymore.
 

Abdalla

Medical specialist in diagnosing Majeerteentitis
Prof.Dr.Eng.
VIP
At least they have genuine reasons to protest unlike some savages that are protesting the punishment of a killer.
 
I'm tired of counterfeit money scapegoating in Somalia. It doesn't matter where inflation hits from zubbaland to Bari the same excuse is "counterfeit".

65% of the population are illiterate and can't understand how inflation works; but one thing they do understand is "lacag been abuur ah". That's all these politicians have to say in order to buy more time and keep this cycle of Xoolonimo going.

There's so much work to do in Somalia, but the national past time from MPs has become "hoos u dhac".

Counterfeit always been the scapegoat leading up to elections.
 

Abdalla

Medical specialist in diagnosing Majeerteentitis
Prof.Dr.Eng.
VIP
I just checked several Puntland news websites and none reported. Even the severely anti Gaas Garoweonline didn't report.

Fake news. Cuqdad news. If I were pety, I would've made a thread about the huge explosion that just happened in Xamar.
 
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