Puntland Finance Management Is Fully Digital
- Thread starter DR OSMAN
- Start date
I welcome the digitizing of Puntland finance system. This is a great achievement but let's not get stuck in the 'celebration n faan' mode, let's move on and tackle other urgent areas. PL Bank selling it's infrastructure bonds to diaspora/foreign/Local partnership would be a big legacy. We could begin targetting the following areas
1. Roads, Airports, Ports, Hospitals, Schools, Sewage, Clean Water, Drainage, Parks, Energy, Cement Plants
2. We could identify and then zone out food production valleys after it's 'tested to ensure it's soils are fertile' and sell plots to investors, like we did with by zoning out Pasture lands.
Puntites have lots of capital sitting there idly and unproductive and they would love to own shares or bonds in nation building infrastructue becuz infrastructure dominates all industries since all industries are dependent on it. Infrastructure bonds are highly sought after by investors as their solid money makers.
If PL did this, it would expand it's taxation revenue plus make our region graded as market ready becuz of the infrastructure. It's well known why poor countries are poor, lack of social/physical infrastructure leading to no industries and then their govt hands r tied as they can't seek out these loans thru IMF/World bank due to their unreliable and weak systems which then fosters corruption on top of a social decay rot in it's society that hasn't had any credible social revolution.
PL can avoid this poverty trap by relying on ourselves like China did, rather then spend 100 years waiting for IMF/World bank approval to access nation building loans.
1. Roads, Airports, Ports, Hospitals, Schools, Sewage, Clean Water, Drainage, Parks, Energy, Cement Plants
2. We could identify and then zone out food production valleys after it's 'tested to ensure it's soils are fertile' and sell plots to investors, like we did with by zoning out Pasture lands.
Puntites have lots of capital sitting there idly and unproductive and they would love to own shares or bonds in nation building infrastructue becuz infrastructure dominates all industries since all industries are dependent on it. Infrastructure bonds are highly sought after by investors as their solid money makers.
If PL did this, it would expand it's taxation revenue plus make our region graded as market ready becuz of the infrastructure. It's well known why poor countries are poor, lack of social/physical infrastructure leading to no industries and then their govt hands r tied as they can't seek out these loans thru IMF/World bank due to their unreliable and weak systems which then fosters corruption on top of a social decay rot in it's society that hasn't had any credible social revolution.
PL can avoid this poverty trap by relying on ourselves like China did, rather then spend 100 years waiting for IMF/World bank approval to access nation building loans.
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