Kenyan Somalis invest in Mogadisho
- Thread starter Barkhadle1520
- Start date
Espaa_
Ku sali nabiga {scw}
Contribute to global warming which is hitting somalia the most. Crazy stuff
Hotchick12
VIP
i’m all for building more development, how can you be a nimby in somalia, you are not old white middle age people, destroy those villiages!!!!
Looking back on it, if we had a decent government that receives enough taxes, we would be OP as a nation, poor governments are nerfing somalis so hard
Theres people in galmudug that are wealthier than the whole state government
We have a ridiculous amount of small companies that could go global with government subsidies and build the country even more with government contracts, for example we have lots of electrical companies that set up street lights or construction companies that build roads, but the governments are too poor to give them major projects or better equipment
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Somalia's govt will eventually stabilize and regroup. Our state capacity is honestly very underrated. Even besides the literacy project of the 70s. The fact that after the ogaden war somalia was able to take in 1 million refugees when our pouplation was only 6 million is incredibly insane when you think about it. That was baiscally the equivalent of accepting 20% of our pouplation and would be like if America suddenly accepted 50 million refugees.
although in the end that was probably the single largest reason why we collapsed. But the fact there wasn't some insane mass starvation is a testament to our state capacity even in the 80s.
Pretty sure there was
The famine happned after the state collapsed in 1991 whereas these refugees came in right after the war in 1978.
It happened during siad and hundreds of thousands of rx died
The worst famine happned during the early 90s and even then all across Somalia it was only a couple hundred thosuand who died.
But your saying there was this famine in the 80s where hundred of thosuand of rahanweyn died but we've never heard of it ?
Idk much about it but a trusted source told me so, ill ask him again
There was some starvation creeping into the North in the late 80s, but that was mainly because rebel groups cut off food supplies and delivery routes.
But you’re mostly right there wasn’t full-blown famine until 1991 when the entire food system collapsed. In fact, throughout much of the 80s Somalia had become food self-sufficient, with large agricultural surpluses. They were even able to feed both the displaced Ogaden population and the domestic population. The government just had to bulk-purchase food from the markets.
I agree with you that the Somali government can regroup, and that state capacity is often underrated. Even the ICU, in their short time in power, managed to mobilize funds effectively to finance services, the military, police, coast guards, a judicial-bureaucratic structure, schools, waste managment and hospitals.
And they did this mainly through taxes:
Somalia's Islamists Begin Collecting Taxes in Mogadishu's Markets
What’s interesting is that businesses were actually compliant in paying those taxes, and the ICU also taxed the ports.
To me, this shows it really comes down to reforming the political system and building legitimacy through transparency and service delivery. If that’s done, then gradually the economy can be formalized, which would expand the tax base.
There’s actually a huge opportunity here. Even if governments struggle to tax businesses, Somalia has a large and complex financial sector that handles massive volumes of capital flows and transactions.
If they can manage to tax even a fraction of that which right now is basically under-utilized they could generate substantial revenue for the state.
Read this:
It's usually this same financial system that steps up to finance those electricity and construction companies and micro-finance small businesses.
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Its as easy as taxing 10% of mobile money transactionsThere’s actually a huge opportunity here. Even if governments struggle to tax businesses, Somalia has a large and complex financial sector that handles massive volumes of capital flows and transactions.
If they can manage to tax even a fraction of that which right now is basically under-utilized they could generate substantial revenue for the state.
Read this:
It's usually this same financial system that steps up to finance those electricity and construction companies and micro-finance small businesses.
Maybe I don't know enough but if FGS pushed to do this they would boost their revenues by billions, my guess is that there are operators which are completely outside of their control in puntland and sl
Somalia's rise over the next 20 years is probably the biggest dark horse that nobody's predicting.There was some starvation creeping into the North in the late 80s, but that was mainly because rebel groups cut off food supplies and delivery routes.
But you’re mostly right there wasn’t full-blown famine until 1991 when the entire food system collapsed. In fact, throughout much of the 80s Somalia had become food self-sufficient, with large agricultural surpluses. They were even able to feed both the displaced Ogaden population and the domestic population. The government just had to bulk-purchase food from the markets.
I agree with you that the Somali government can regroup, and that state capacity is often underrated. Even the ICU, in their short time in power, managed to mobilize funds effectively to finance services, the military, police, coast guards, a judicial-bureaucratic structure, schools, waste managment and hospitals.
And they did this mainly through taxes:
Somalia's Islamists Begin Collecting Taxes in Mogadishu's Markets
What’s interesting is that businesses were actually compliant in paying those taxes, and the ICU also taxed the ports.
To me, this shows it really comes down to reforming the political system and building legitimacy through transparency and service delivery. If that’s done, then gradually the economy can be formalized, which would expand the tax base.
There’s actually a huge opportunity here. Even if governments struggle to tax businesses, Somalia has a large and complex financial sector that handles massive volumes of capital flows and transactions.
If they can manage to tax even a fraction of that which right now is basically under-utilized they could generate substantial revenue for the state.
Read this:
It's usually this same financial system that steps up to finance those electricity and construction companies and micro-finance small businesses.
Honestly if we play our cards right with the oil money and somali galbeed situation we have a decent chance of being a country of like 70 million + people with a 700-800 billion dollar economy by like 2060
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