The Somali Government Just Approved Over $1 Billion Of The Countries 2024 Budget
- Thread starter killerxsmoke
- Start date
Isn’t almost 70% foreign donations money?
Most likely
Somalia needs to Invest Back Into SOMALIA, We cant wait for others to do it
By far the most important sector of the economy is agriculture, with livestock raising surpassing crop growing fourfold in value and earning about three-fifths of Somalia’s foreign exchange.
The First sector, focused on raising goats, sheep, camels, and cattle, has become increasingly market-oriented.
The second sector is the traditional, chiefly subsistence, agriculture practiced by small farmers. This traditional sector takes two forms: rain-fed farming in the south and northwest, which raises sorghum, often with considerable head of livestock; and small irrigated farms along the rivers, which produce corn (maize), sesame, cowpeas, and—near towns—vegetables and fruits.
The third sector consists of market-oriented farming on medium- and large-scale irrigated plantations along the lower Jubba and Shabeelle rivers. There the major crops are bananas, sugarcane, rice, cotton, vegetables, grapefruit, mangoes, and papayas.
We can actually feed ourselfs and make alot of Money in the World Selling ORGAN FOODS inshallah
Agriculture, forestry, and fishing
By far the most important sector of the economy is agriculture, with livestock raising surpassing crop growing fourfold in value and earning about three-fifths of Somalia’s foreign exchange.
The First sector, focused on raising goats, sheep, camels, and cattle, has become increasingly market-oriented.
The second sector is the traditional, chiefly subsistence, agriculture practiced by small farmers. This traditional sector takes two forms: rain-fed farming in the south and northwest, which raises sorghum, often with considerable head of livestock; and small irrigated farms along the rivers, which produce corn (maize), sesame, cowpeas, and—near towns—vegetables and fruits.
The third sector consists of market-oriented farming on medium- and large-scale irrigated plantations along the lower Jubba and Shabeelle rivers. There the major crops are bananas, sugarcane, rice, cotton, vegetables, grapefruit, mangoes, and papayas.
We can actually feed ourselfs and make alot of Money in the World Selling ORGAN FOODS inshallah
Organic Foods not Organ lol
budget can be found here
Ethiopia receives 1.13 billion a year from America alone in aid, and 20% of the annual budget in Kenya comes from aid so Somalia doesn’t really stand out that much.
20% of kenya budget is foreign damn I thought they were independent.
You should see how much loans and debt they have lol. If there’s one good thing about Somalia’s civil war it is that caloolweyne politicians can’t waste debt money on buying mansions
How much debt does Kenya or Ethiopia have?
Cuz Mogadishu are the only ones paying taxes
buy a warship
Internet Nomad
✪𝕲𝖔𝖓𝖊 ≋4≋ 𝕾𝖚𝖒𝖒𝖊𝖗✪
90% of the budget gone in one go.
South korea has really cheap warships,doubt they would sell to us without US approval tho
www.popularmechanics.com
The Philippines Just Bought a Warship for $100
But what does a single Benjamin actually buy you?
Kenya is at the verge of going bankrupt
‘We must tighten our belts’: Kenya searches for cash to meet debt bills
Nairobi insists ‘default is not an option’ as it rushes to avoid fate of African peers such as Zambia and Ghana
so it seems does Ethiopia.
https://www.reuters.com/world/africa/ethiopia-getting-debt-relief-china-asking-others-similar-imf-official-2023-10-13/#:~:text=Ethiopia's%20external%20debt%20totalled%20%2428.2,country%2C%20according%20to%20Boston%20University.
