Somalia, Djibouti and Somaliland economy and external debt

Discussion in 'Somali Politics' started by TimaJilic, Dec 28, 2018.

  1. TimaJilic

    TimaJilic

    Joined:
    Aug 12, 2018
    Messages:
    1,696
    Ratings:
    +2,094
    Somalia 2019 budget. 340 million USD
    (70% foreign aid)
    Djibouti 2019 budget is 712 million USD
    (50% foreign aid)
    Somaliland 2019 budget 420 million USD.
    (0% foreign aid)

    #Somalia debt is. 5 billion USD (world bank)
    #Djibouti debt is. 3.3 billions USD (china)
    #Somaliland debt. 0 USD.
     
    • Like Like x 1
  2. TimaJilic

    TimaJilic

    Joined:
    Aug 12, 2018
    Messages:
    1,696
    Ratings:
    +2,094
    Somalia and Budget support comes from Turkey, Qatar, EU, UAE.

    Djibouti budget support from foreign bases.


    Somaliland budget 100% comes from taxes.
     
    • Like Like x 1
  3. Bentley

    Bentley

    Joined:
    Oct 25, 2018
    Messages:
    529
    Ratings:
    +596
    If SL is not recognized how can they ever be in Debt? this is cheating
     
    • Funny Funny x 1
  4. Kingcobra

    Kingcobra

    Joined:
    Aug 12, 2017
    Messages:
    3,536
    Ratings:
    +5,618
    50% foreign aid and 3.3 billion debt....LOL

    SL no foreign aid?

    lmao

    ok buddy

    :mjlol:
     
  5. TimaJilic

    TimaJilic

    Joined:
    Aug 12, 2018
    Messages:
    1,696
    Ratings:
    +2,094

    NO foreign Aid , just Somaliland Development Funds, Sanduuqa horumarinta Somaliland.

    There's no foreign budget support in Somaliland.
     
    • Like Like x 1
  6. Bentley

    Bentley

    Joined:
    Oct 25, 2018
    Messages:
    529
    Ratings:
    +596
    did you rely think we forgot about the Brussels meeting. Didn't your boy warabe go there to beg for slice of the pie.
     
  7. Striker

    Striker VIP

    Joined:
    Feb 24, 2017
    Messages:
    5,478
    Ratings:
    +8,406
    our debt is also yours.

    :trumpsmirk:

    [​IMG]
     
  8. Kingcobra

    Kingcobra

    Joined:
    Aug 12, 2017
    Messages:
    3,536
    Ratings:
    +5,618
    And where'd you get 50% foreign aid and 3.3 billion debt from? Verify these numbers you see on twitter

    Leasing land =/= aid, you're providing a service.
     
  9. TimaJilic

    TimaJilic

    Joined:
    Aug 12, 2018
    Messages:
    1,696
    Ratings:
    +2,094
    On Thursday (July 5), Djibouti opened the first phase of the Djibouti International Free Trade Zone (DIFTZ), a $3.5 billion project that spans an area of 4,800 hectares.

    Debt.
     
  10. Kingcobra

    Kingcobra

    Joined:
    Aug 12, 2017
    Messages:
    3,536
    Ratings:
    +5,618
    It'll reach 3.5 billion by the time the project is completed in 2028. You saw the photos, not even 5% has been completed. The debt is somewhere around 1.9-2b at the moment. Still alot but nowhere near 3.3
     
  11. TimaJilic

    TimaJilic

    Joined:
    Aug 12, 2018
    Messages:
    1,696
    Ratings:
    +2,094

    As I said earlier, it's for developments, there's no Somaliland foreign aid budgetary support.
    while Djibouti and Somalia get that foreign aid budget support.
     
  12. TimaJilic

    TimaJilic

    Joined:
    Aug 12, 2018
    Messages:
    1,696
    Ratings:
    +2,094
    Okay :icon neutral:
     
  13. Bohol

    Bohol Staff Member Moderator

    Joined:
    Nov 17, 2015
    Messages:
    22,547
    Ratings:
    +38,695
    Somaliland is not recognized lol. Their debt is included with the rest of Somalia.
     
    • Like Like x 1
    • Informative Informative x 1
  14. National Warrior

    National Warrior

    Joined:
    Sep 25, 2018
    Messages:
    403
    Ratings:
    +371
    Hate to admit it, but you're right. Still, they'll demand repayments from the FGS, not SLand.
     
  15. Bohol

    Bohol Staff Member Moderator

    Joined:
    Nov 17, 2015
    Messages:
    22,547
    Ratings:
    +38,695
    Well the FGS is the government of entire Somalia that is why in the eyes of the international community.
     
Verification:
Draft saved Draft deleted
Loading...

Share This Page