We as Puntites need to sit down in the diaspora and start a development fund for Puntland. This must not include my tuulo vs your tuulo garbage we must think about the whole region as a whole and how to escape this western trap of foreign aid. Industrialized economy only give out 2% of their budget to foreign aid and that 2% has to be shared with the rest of the developing world and that is the reason why it's referred to as a 'trap', there is no way you will become an industralized nation by relying on such meagre financial resources. As Puntites we are seen as the revolutionaries(SSDF) to wake up Somalia about Siyad Barre or we are seen as the 'rebuilding model' that all states will need to follow.
We are basically the last hope in Somalia and it's time we realize the important role we play and make sure it doesn't go to waste.
The development plan that we need to create is firstly how do we envision Puntland to be in 30 years time as a 'future state'. Are we going to be stuck in this quasi early-developmental and humanitarian stage and stuck with dealing with delivering water wells and creating health clinics to fight against preventable diseases or are we going to move forward to create an economy that is self sufficient where our government can rely on our own labour pool and production(business people).
Let's begin to identify the economic tasks that can be done locally. These sorts of operations need to be funded by our local business community. We need to increase
our industrial foot-print to service local or foreign markets.
We need to end this 'trucking' madness that we do in Africa and begin investment into parts manufacturer for vehicles, planes, agricultural machinery, roads, across Puntland and Somalia and in general the wider region. We must fight hard to secure investors local and foreign to these mass employment programs.
We need to ensure our government prepares our students immediately after high schools if they will join the technical labor pool or professional labor pool, we must ensure they are healthy and not dying to early from preventable diseases thru mass vaccination programs, we must ensure our labour pool is equipped well at primary/secondary schooling before we begin a path-way for them into industries, hospitality, and retail.
I have always argued we need banking in Puntland as the financial engine to fund new start ups, create a mortgage sector thru borrowing and lending. We must set a dream for our young people to pursue home ownership and if their employed give them access to banking loans. Our government needs to subsidize land plots and create large apartments or subsidized estates for this new generation of puntites who are the labour pool of the state so owning a home is affordable to their income. An income means tested puntite should be able to afford his own home or apartment.
We should target creating factories and manufacturers around housing parts, furnitures, spare parts for vehicles, planes, agriculture machinery. This will hire thousands of puntites and create an income for them to then further stimulate the economy thru market spending on foods, clothes, entertainment, vehicle, and house purchasing. For every puntite we turn into an income earner in the private market this will create a response from the market to increase their production in food, clothes, entertainment, vehicles, and homes. Our banking arm will grow with new customers seeking loans to buy vehicles-homes-or even business people with ideas will be able to create the new start ups we need to create further employment.
What other ideas do puntites have? Maybe we should create a zoom connection with local puntites and begin a diaspora vision for the state and we contribute our funds and expertise to see a Puntland that is thriving thru industralization and creating more products and becoming self sufficient.
I dedicate this thread thru an inspiration given to me by Mudug governor who said dadka mad-madow create no product and rely on foreign aid to survive. No product means no economy and means no-way out of poverty.
We are basically the last hope in Somalia and it's time we realize the important role we play and make sure it doesn't go to waste.
The development plan that we need to create is firstly how do we envision Puntland to be in 30 years time as a 'future state'. Are we going to be stuck in this quasi early-developmental and humanitarian stage and stuck with dealing with delivering water wells and creating health clinics to fight against preventable diseases or are we going to move forward to create an economy that is self sufficient where our government can rely on our own labour pool and production(business people).
Let's begin to identify the economic tasks that can be done locally. These sorts of operations need to be funded by our local business community. We need to increase
our industrial foot-print to service local or foreign markets.
We need to end this 'trucking' madness that we do in Africa and begin investment into parts manufacturer for vehicles, planes, agricultural machinery, roads, across Puntland and Somalia and in general the wider region. We must fight hard to secure investors local and foreign to these mass employment programs.
We need to ensure our government prepares our students immediately after high schools if they will join the technical labor pool or professional labor pool, we must ensure they are healthy and not dying to early from preventable diseases thru mass vaccination programs, we must ensure our labour pool is equipped well at primary/secondary schooling before we begin a path-way for them into industries, hospitality, and retail.
I have always argued we need banking in Puntland as the financial engine to fund new start ups, create a mortgage sector thru borrowing and lending. We must set a dream for our young people to pursue home ownership and if their employed give them access to banking loans. Our government needs to subsidize land plots and create large apartments or subsidized estates for this new generation of puntites who are the labour pool of the state so owning a home is affordable to their income. An income means tested puntite should be able to afford his own home or apartment.
We should target creating factories and manufacturers around housing parts, furnitures, spare parts for vehicles, planes, agriculture machinery. This will hire thousands of puntites and create an income for them to then further stimulate the economy thru market spending on foods, clothes, entertainment, vehicle, and house purchasing. For every puntite we turn into an income earner in the private market this will create a response from the market to increase their production in food, clothes, entertainment, vehicles, and homes. Our banking arm will grow with new customers seeking loans to buy vehicles-homes-or even business people with ideas will be able to create the new start ups we need to create further employment.
What other ideas do puntites have? Maybe we should create a zoom connection with local puntites and begin a diaspora vision for the state and we contribute our funds and expertise to see a Puntland that is thriving thru industralization and creating more products and becoming self sufficient.
I dedicate this thread thru an inspiration given to me by Mudug governor who said dadka mad-madow create no product and rely on foreign aid to survive. No product means no economy and means no-way out of poverty.