OPINION Puntland GDP IS 5 Billion. Somalis Cry

All I'm getting from this is that the administration there needs to do a much better job collecting taxes, there's widespread corruption at every level in government with officials taking way too much money "off the table" and not reinvesting it, or a combination of both. The government's budget should be about 20-30% of the GDP depending on the tax rate. I just saw Puntland's budget for 2021 and these numbers aren't adding up. 340M is only 6.8% of 5B. This is obviously way easier said than done but from what I've seen nearly all the payments in Somalia are done through mobile phones. It can't be that hard to pass legislation mandating companies like Hormuud and Dahabshil to produce records of every citizen's mobile payments and use the data to impose taxes. Let me know your thoughts/solutions.
 
Waryaa @Farjano-Walad ask @Gadhwayne and mark my words. Comms-Transfer-Water-Electricity. Dominated by MJ nation wide. We own Water-Electricity-Transfer of all Kismayo. We got a 30% share in Mogs thru Amal and Blue sky electricity with a total earnings of $300 million out of 1 billion GDP in Mogadishu, waan la duuqaya bay neceb yihin hawiyuhu, waxba ma cafiyo kkkk.

I own G-town-Garowe-Bosaso-Qardho all it's water-electricity-transfer is under my hand. My Golis has reach all in PL/MAKHIR/KHATUMO as one of the largest comms network in the nation penetrating a 5 million market in PL. I will ensure JL 2 million is taken back into my fold with Golis establishing.

Plus I am controlling most importantly the whole trade corridor of kismayo-bosaso sea port and transhipment hub in galkacyo for 9 million market profile thru livestock exports and imports so I am literally getting a slice in all of that shit in my pocket big majerten boy.

I am penetrating DDSI as my next frontier which is what your mad about and u know I am vicious cunning capitalist that will spare nothing and take everything. 85% is more realistic of Somalia GDP in Majerten hands and deep down Isaaq knows this. Do u ever see Isaaq talk about hamar or any wealth there he knows the real raw truth about HAG being shopkeepers and servicing 1 billion market only with the major sectors with Isaaq-HG-MJ dominating

All data pulled out of your midget ASshole but ok kid keep dreaming. Come near dds and we will karbash you like we dud with isaaq and HG

Horta where do you get such fake data. You really have a vivid imagination bro
 
All I'm getting from this is that the administration there needs to do a much better job collecting taxes, there's widespread corruption at every level in government with officials taking way too much money "off the table" and not reinvesting it, or a combination of both. The government's budget should be about 20-30% of the GDP depending on the tax rate. I just saw Puntland's budget for 2021 and these numbers aren't adding up. 340M is only 6.8% of 5B. This is obviously way easier said than done but from what I've seen nearly all the payments in Somalia are done through mobile phones. It can't be that hard to pass legislation mandating companies like Hormuud and Dahabshil to produce records of every citizen's mobile payments and use the data to impose taxes. Let me know your thoughts/solutions.

bro he made up the gdp data it’s not 5 billion
 

Abdalla

Medical specialist in diagnosing Majeerteentitis
Prof.Dr.Eng.
VIP
and if puntland had 5.2$ billion in GDP then common sense would assume her annual budget would be around 1 billon roughly if the state would tax about 20% of GDP , if at around 30-40 % like most EU nations, then we are talking puntland having an annually revenue of around 1.5-2

I always knew you were a fake economist. Only a country with huge deficit has a budget of 20% of their GDP, like the US.

Government Budget in Netherlands averaged - 1.64 percent of GDP from 1995 until 2019.

Economy or as you write eekonomee degree from Garissa has failed you again.
 

Diaspora ambassador

''Dagaalka gala'' Garaad Jaamac Garaad Cali
VIP
I always knew you were a fake economist. Only a country with huge deficit has a budget of 20% of their GDP, like the US.

Government Budget in Netherlands averaged - 1.64 percent of GDP from 1995 until 2019.

Economy or as you write eekonomee degree from Garissa has failed you again.

To be fair the dutch know how to keep the funds rolling in. “Belasting/dienst” the ones that know well will understand. Instead of fucking up 3d world nations they f*ck up their own citizens.
 
That means with a population of 5 million in PL and $5.2 billion GDP in our market place, will give us a true per capita of $1040 per puntites. All that production-trade-export-import is happening under PL watch and calculated for PL economy. We also have the govt with the largest revenues obviously since our GDP supercedes that $2 billion which mind u we also getting a 'slice' for JL trade corridor, these irir niggas are down to sharing 1 billion GDP between Hamar/Hargeisa/Berbera kkkkkkk and their real nominal GDP is well u know it? I won't even embarass them, splitting 1 billion between Isaaq/Hamar has made these ppl addicted to PL.

Qofku marku gaajaysan yahay waxaa lagu garta he is addicted with your House constantly so that gives u a clear 'edge' to know why that's happening, waa total 'maseer' iyo PL way iga awood badan tahay.
Ur forgetting corruption bro
no matter how much they make
corruption will finish it all
 
I always knew you were a fake economist. Only a country with huge deficit has a budget of 20% of their GDP, like the US.

Government Budget in Netherlands averaged - 1.64 percent of GDP from 1995 until 2019.

Economy or as you write eekonomee degree from Garissa has failed you again.

I didnt know @Farjano-Walad had economic degree also surprised they teach his Austrian school theories there

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US really knows how to get lenders to keep lending while America keeps that AAA credit rating
 
I always knew you were a fake economist. Only a country with huge deficit has a budget of 20% of their GDP, like the US.

Government Budget in Netherlands averaged - 1.64 percent of GDP from 1995 until 2019.

Economy or as you write eekonomee degree from Garissa has failed you again.


I am going to ignore your sly attacks and personal cheap insults, Instead I will educate you, rather than reply back with cheap insults like you because your not an economist, but a layman when it comes to economics,

Your very confused, I dont know why your talking about deficit percentage when my point was what percentage of tax revenue a typical state raises from her GDP pool,

Yet you bring me data on deficit spending and claim on a country with a huge deficit Like the USA has a budget of 20% of GDP

WRONG

I claimed the average nation % to GDP tax revenue raised is 20$, in EU nations its between 30% to 40%

here is my data, you can dispute if you wish, i know your kind are Short on data and evidence sometimes


@Gadhwayne, I am an economist and yes I adhere to the Austrian school / Von Mises

@Abdalla , this is the percentage of GDP to tax revenue for your precious Netherlands,

38.8% in 2018 latest data year,

1606113096966.png


Average tax revenue % to GDP in OECD nations according to World Bank stats

1606113175299.png


Again, agrees with my earlier assertion that on average EU nations raise between 30% to 40% of their GDP

1606113243231.png
 
@Abdalla

its very easy to be confused with percentage of taxable/ actual received revenue relative to GDP and deficit spending when your a layman,

its one of the curses of being an economist, we constantly have to debate with and educate layman, i find it very curious that a layman would blab to an economist all day about economic policies and axioms and theorems and what is right with out a single education in economics yet you never see a layman daring to debate/argue with no evidence or education against chemist/physicists or a virologist
 
@Abdalla

in case you want to claim the first source, is unreliable, despite it originally being from the World Bank -which in turn was taking from the OECD econ stats data bank, here is the original,

I hope this will put to rest your silly notion that:

LAYMAN ABDALLA:
I always knew you were a fake economist. Only a country with huge deficit has a budget of 20% of their GDP, like the US. Government Budget in Netherlands averaged - 1.64 percent of GDP from 1995 until 2019.

PS: the 1.64% figure is not Netherland Budget, its the deficit the Netherlands over spends in comparison to her taxable revenue the country has raised, deficit, NOT Budget as you claimed, I know its a slip of the finger, layman make these mistakes all the time,

1606114053998.png
 
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source:


@Abdalla

here is more evidence that disagrees with your assertion that only a country with large deficit has a GDP to tax revenue base of more than 20%

this is the average OECD of 53 years of data of the % of tax to GDP

which again corroborates with my earlier statement that on average taxa to GDP 5 is around 20% world average, but around 30 to 40% in EU nations.

1606114240694.png


 
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@Abdalla

I have you have been educated, its better to educate you than to throw cheap insults like you di about Garissa, might I remind you many Mj refugees chill in Garissa and get rest and al somali clans must pass by Garissa and claim an Ogaden sub clans in order to get a Kibanda so they dont get deported or harried by Kenyan police, I know many MJ in laws of ours who actually walk around with a Kibanda and have claimed it by saying I am Mohamed Zubeer, or Makahil, or Cabdalla, or Cabudwaq, Cawlyahan, Bah Gerri etc,

so lets at least show a little gratitude to Garissa, the city that has saved the skin of many somalis as they settled in Dhadab where almost 4 million somalis are fed there as refugees in the refugee camp,

lets give a little appreciation to Garissa cadey, the amazing city that has cared for millions of shoeless somali refugees in the last 30 years and allowed them to head to Nairobi and beyond to start businesses and get university education and get Kibanda by claiming an Ogaden sub clan


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@DR OSMAN

You still need to explain to me how Puntland GDP share of somalia went from $2 billion last months to around $5 in a mere weeks

and why the regional state is only able to truly raise $50-80 million in tax revenue, even if you want to claim the fake 340 million you lot were faaning over several months ago, that's around 6 to % of GDP of the regional stat's GDP of $5.2 billion ? forget how puntland population miraculously went up from 2 million to 6 million according to you since you kept giving us the 2 million figure for months than changed it to 6 million

stop with the fake data, recoding all you want on podcasts insulting tribes, but when you get to the realm of economics, you will be questioned Doctor


focus on PIM and leaving this dying shythole a, and if you will claim data, bring evidence,
 

DR OSMAN

AF NAAREED
VIP
@Farjano-Walad Oh Ye Son of Ukail, we don't have time argue or having pissing contest between kingdoms as I am the monarchy elect of the darod kingdom and aristocrats. Notice the word I said? elect by all saldanoyinka darod iyo their aristocracy, war dadki hawiye iyo isaaq oo dharki somaliyeed aan uu gelinay way iska siibeen, waa kaa dhibka ka dhashay. It's like the queen losing control of her english peasantry-irish-scottish hordes, this is what's happening and you want the queen and her various houses to fight, this is unacceptable untill the hordes are put back under the fold of somali since their was no saldanad their for us to talk to watsoever except qabiil who were under british,italian,zanzibarian,ottoman rule at all time, we got to them in time and shifted them quickly into a 'somali house' and wanted to fashion them with this social order not at the expense of our own historical order and house though which is where republicans defeated the monarchist and kingdom view of 'absame n majerten' and don't act like u didn't kick out sayid like i kicked out keenadiid. You are not republican at all also u liar, u only support the republic as u see it as a way to 'house' these politicalaly/culturally unsophisticated tribes.
 
I have always found in my experience, the most educated, the ones with degrees like doctors, lawyers, professors, teachers etc make the mots ludicrous claims about economics despite having any training in economics, we call it the educated layman affect.

the educated layman will argue, debate, make up the silliest notions about economic axioms and still hold on to their stupid suugo economics - the reason is simple, sadly a lot of them are educated by socialist/communist professors who have conquered the realm of education and has been going on since the Frankfurt Cultural Marxist school has really taken over the western worlds education system

This is why I find less educated people far easier to actually understand economic axioms for they have not been brain washed by a hypocritical anti free market/ anti capitalist teacher/professor - i call them hypocrites because end of the day they get paid by the state and the state raises revenues from firms/workers, workers do not get paid an income with out a fir hiring them, firms do not hire with out savings/investment raised by the entrepreneur who takes the risk to employ people, so ned of the day income tax by workers are paid by companies - so in turn i call these Marxist professors/teachers idiots and hypocrites because they shoot the very system that pays their fat salaries -the free market/entrepreneurial capitalist system.

less educated people still have that innate common sense - the innate common sense that allowed tens of thousands of former communist/soviet citizens to bring out goods to sell, eggs, chicken, shoes, clothes to the market with in hours of the 74 year ban of selling goods in the free market ending as the Soviet evil empire collapsed all over Russia, Poland, Ukraine, Belorussia et, with in hours, they could not kill that deep free market/free trade. entrepreneurial instinct Allah has created in humans even in 74 years of a total dictatorial ban on money, trade, starting a business etc

@DR OSMAN is a classic version of this, educated in a typical western country where cultural Marxist ideology instilled in him for so many years, he wants to rob puntland millionaires and redistribute this money to each person as state largess each month, little does he realise this not only kills incentive to create wealth but makes people lazy and where will you get the next months money to give away once you have robbed millionaires this month? does not ask common sense questions, he is blinded by this evil ideology installed in his head

instead of asking how can we bake more to share out, he asks how can we forcefully use state power to rob the amount of small baked goods, bake more, increase the size of the pie, its not limited, there is no limited wealth, this is why capitalism is a great engine for growth - it ask how can we bake but communists always ask how do we redistribute more, forgetting they will soon run out of things to distribute and will be forced to use the gun against the very people they were trying to help - after they have sucked the blood of the ambitious entrepreneurial innovative wealth creators.


BN: your all communists if you call your self a socialist, democratic socialist, Marxist, use what ever hue and flavour you wish, communism is the end goal of all socialist/Marxist followers.

@DR OSMAN said barre screwed somalia over with socialism, with heavy state redistributions ideas, with forceful grabbing of private wealth and property, he refused to allow more wealth to be created and froced an evil ideology on our throats, he gave state backed monopolistic practices to marehan, sugar, oil, bananas etc, this is the end result of all socialist/state control, a crazy Marxist will come along one day and use state power to enrich his friends./family ala the oligarchs in former Soviet bankrupt states, Somalia, cuba, Yemen etc.

Dont cut your peoples legs off with a system that has failed the world over for over a century now.
 
@Farjano-Walad Oh Ye Son of Ukail, we don't have time argue or having pissing contest between kingdoms as I am the monarchy elect of the darod kingdom and aristocrats. Notice the word I said? elect by all saldanoyinka darod iyo their aristocracy, war dadki hawiye iyo isaaq oo dharki somaliyeed aan uu gelinay way iska siibeen, waa kaa dhibka ka dhashay. It's like the queen losing control of her english peasantry-irish-scottish hordes, this is what's happening and you want the queen and her various houses to fight, this is unacceptable untill the hordes are put back under the fold of somali since their was no saldanad their for us to talk to watsoever except qabiil who were under british,italian,zanzibarian,ottoman rule at all time, we got to them in time and shifted them quickly into a 'somali house' and wanted to fashion them with this social order not at the expense of our own historical order and house though which is where republicans defeated the monarchist and kingdom view of 'absame n majerten' and don't act like u didn't kick out sayid like i kicked out keenadiid. You are not republican at all also u liar, u only support the republic as u see it as a way to 'house' these politicalaly/culturally unsophisticated tribes.


I am 100% a Monarchist, i would not mind returning Jubaland to her former name, the Kingdom of Jubaland where even the British recognised me as the ultimate king of Jubaland, the Mohamed Zubeer Sultan Ahmed Magan and his father Sultan Magan Yusuf,

I want somalsi to go back to what they were, each tribe had its kingdom, sorted out its issues and only united when we faced an enemy like a Ethiopian or Portuguese invaders, we took them out and went back to our buulo,

PS: the title darood sultan ahs not been agreed on, its in fact why Jidwaq led us out of Sanaag after Dhulbahante demanded sultan darood title belongs to harti, Jidwaq said it belongs to Absame, instead of shedding blood with cousins we left, and alxamdulilah i a glad we left for Absame would eventually in the coming centuries end up carving up a large peace of horn of Africa, expanding into Ogadeniya and Jubaland and central Kenya into river tana in tanaland

kniiga we have not even talked about compensation for pressuring us out of Sanaag 600 hundred years ago, we need to speak about that before we even talk about darood sultan

Anyways this thread is for economics and GDP and educating the layman and socialists about economic data and free market and taxation lets stick to that, open another thread for our anti republic agendas
 

DR OSMAN

AF NAAREED
VIP
I am 100% a Monarchist, i would not mind returning Jubaland to her former name, the Kingdom of Jubaland where even the British recognised me as the ultimate king of Jubaland, the Mohamed Zubeer Sultan Ahmed Magan and his father Sultan Magan Yusuf,

I want somalsi to go back to what they were, each tribe had its kingdom, sorted out its issues and only united when we faced an enemy like a Ethiopian or Portuguese invaders, we took them out and went back to our buulo,

PS: the title darood sultan ahs not been agreed on, its in fact why Jidwaq led us out of Sanaag after Dhulbahante demanded sultan darood title belongs to harti, Jidwaq said it belongs to Absame, instead of shedding blood with cousins we left, and alxamdulilah i a glad we left for Absame would eventually in the coming centuries end up carving up a large peace of horn of Africa, expanding into Ogadeniya and Jubaland and central Kenya into river tana in tanaland

kniiga we have not even talked about compensation for pressuring us out of Sanaag 600 hundred years ago, we need to speak about that before we even talk about darood sultan

Anyways this thread is for economics and GDP and educating the layman and socialists about economic data and free market and taxation lets stick to that, open another thread for our anti republic agendas

If Hags and Isaaq had sultanates we could of sat down our aristocrcacy(isimo oday dhaqan) and theirs and began a nice 'monarchy' system and creating 'houses' like the queen did for the scots but not the 'irish' notice, well there was no house bro, they were hordes, it's not she was racist, lakin wax lagu wada hadlo ma jirin ama negiotate to create a british monarchy and why it's always going thru the line of england with separate houses for scotland and irish remain how they were holding onto that british identity for 'clothing' of that nakedness kkkk.

Somali clans with no historical institutions before should've of just accepted this loss and said we will adopt the Somali identity while allowing u to preserve your own developed sultanates and monarchies. This would've of led to love as we all would sat down and said 'finally reason has prevailed' and jealousy n envy n cuqdad has gone.

Emotions is out the door and minds r back on the table. We could've of then said we will allow u non historical institution clans to run the govt but with strict supervision and reporting to the head of state thru the 'darod monarchy' like the 'hashemite' do on the palestinians subjects. This would finally lead to our separate historical developments and achievements respected and continue to flourish into the future as we establish royal ties with the rest of the world and speak on behalf of somalis as people who did have 'past' and 'were cultured and had old sultanate aand monarchy institutions'.

We would obviously cover up our 'non historical' clans with none of that and say they aare 'somali' just like british queen does for irish-scots, etc. Wax bay ku 'dabooshay' futadooda qaawan niyahow and we shud commend her not create republican system and merge all these people and say their own and cancel out histories and then everyone just grazes, lives, n rules whereever he wants based on republican motto of 'equal to the land as citizens' since their no 'distinction' between the people at all.

That is where the class-less republicans lost me, no distinctions between people leads to a merge of different histories, cultures, historical development clashing and eventually race for power all for power sakes.
 
I always knew you were a fake economist. Only a country with huge deficit has a budget of 20% of their GDP, like the US.

Government Budget in Netherlands averaged - 1.64 percent of GDP from 1995 until 2019.

Economy or as you write eekonomee degree from Garissa has failed you again.


Awow, you seem a bit confused with terms,

Percentage of taxed revenue relative to GDP size and Budget deficit and budget surplus and two completely different things

Netherlands recorded a Government Budget surplus equal to 1.70 percent of the country's Gross Domestic Product in 2019

Perhaps this will clarify the difference between Budget Deficit/Surplus and Percentage of taxed/taxable revenue relative to GDP ratio

What Is Budget Deficit?
A budget deficit occurs when expenses exceed revenue and indicate the financial health of a country. The government generally uses the term budget deficit when referring to spending rather than businesses or individuals. Accrued deficits form national debt.


its a very common mistake for those bot versed in this field called Economics, sadly most layman have a really tough time differentiating the various terms and their meanings and always jump to conclusions, often done by layman journalist who think they know economics after reading a couple of articles, you could be forgiven for your confusion


Happy top clarify any other confusion you may have, let me know.

:samwelcome:
 

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