Focus on yourselves when you lose?
This is xasidnimo , you lost the election. Say mashallah and now work with the new president.
Most important thing in bari iyo sanaag is to deal with the terrorist who dwells in the mountains we need to deal with them asap@Neero That el-dahir to erigavo road will create boom towns. Lots of warsangeli will return and invest into Badhan, becuz it won't be so in-accessible anymore.
Warsangelis should focus also on creating a 'calmadow' tourism and advertise in Somalia and Africa T.V. But most importantly, the sanaag admin shud begin sub-divide up 'fertile' land and be the backbone of the farming sector in PL. It would be far cheaper to operate farms in Sanaag mountains then the rest of Puntland.
As @Chase said and the minister confirmed PL has it's own hands full.
1. We need to hold one man one vote by Jan 8 2024
2. We got the 3G road and Garacad port concluding
3. The El-Dahir to Erigavo Road.
4. We need to finish Bosaso port expansion with DP world
5. We need to do our business as usual functions to increase water coverage be it dams or wells rurally, new roads in our cities and inter-region, health targets, etc.
6. Expand our Manufacturing sector and decrease un-employment.
The minister is right we got our own hands full and we need a Puntland first approach.
@Chase Puntland is focusing on 'rural industry expansion' like 'fishery, livestock, frankincense' and 'exporting' to other countries. But if they focused on 'value added' manufacturing, we cud cut down unemployment and every puntite in a city wud have a job to go too, this will naturally 'boost' our rural development on the side becuz their wud be more income earners in the cities which means they will buy more meat, fish, frankincense, milk, cars, homes, etc.
So the direction PL is taking shows a strong 'lack of economic vision'
Fisheries/livestock/frankincese etc is where puntland has a competitive advantage currently and earns foreign currency. As of now its the only thing we can use to move up the ladder.
The transition from being a net importing LDC to becoming a developing nation is mainly about moving up from agriculture/textiles/fishing etc to industralization.
The gist of it taking is using its foreign currency from its exports in order to import machines and other inputs to develop better industries.
Start by producing main consumer commodities or staple goods at home and add a tarrifs for bringing things like sugar, flour, cement ,milk that can easily be made here.
Start small make your way up. But the way to go is industrialization and for this a good government is needed to guide the economy.
Fisheries/livestock/frankincese etc is where puntland has a competitive advantage currently and earns foreign currency. As of now its the only thing we can use to move up the ladder.
The transition from being a net importing LDC to becoming a developing nation is mainly about moving up from agriculture/textiles/fishing etc to industralization.
The gist of it taking is using its foreign currency from its exports in order to import machines and other inputs to develop better industries.
Start by producing main consumer commodities or staple goods at home and add a tarrifs for bringing things like sugar, flour, cement ,milk that can easily be made here.
Start small make your way up. But the way to go is industrialization and for this a good government is needed to guide the economy.
@Kramer assessing 'market purchasing power' is critical also, there is no point producing goods and getting 'pennies' for it, that's an unsuccessful model. If we are trading in 'africa' we must only 'trade' with them 'commodities' that are internationally 'set' so we don't end up selling in the pennies. Non-commodities market we shud focus on servicing the 'gulf, west' strong purchasing power markets. Imagine we sold our livestock in 'africa', u think we wud get 'gulf prices' for it. See why market purchasing power is critical, especially for non commodities market.
And that's the problem we have, our leaders/top brass are just that incompetentI agree, which is why somalia due to its location has a location advantage when it comes to access to int'l markets
In africa raw commodities are the number one foreign currency earner, however when prices fall for these commodities the whole economy goes into free fall. The gulf is no different in that aspect and thats why these resource economies aren't really looked at as a example of a industrialized/ high developed country.
To avoid this like you said earlier we need to develop manufacturing and industrialize heavily to avoid the resource trap.
Companies in somalia entering new industries (Producing goods) need protection from international competition (Tarriffs, subsidies and other measures) before they can to compete with superior overseas producers.
BUT
The govt cant protect All producers it must pick industries in which it possesses a comparative advantage. This again requires the guiding hand of the state.