BREAKING AFTER THE DEBT RELIEF SOMALIA WILL GET 15 BILLIONS

[Yoo]

If you weren't cognitively challenged then you could've came up with a dozens of ways to fund government without external loans.

To help you out, here are a few.

1. Fix justice system and sign into law; contract & property laws so you could regulate and tax the thousands of business that would spring up because of this regulatory certainty. That's a couple billion at least.
2. Nationalize arable land and lease it to qualified commercial farmers in return for storing part of their harvest in silos for drought insurance. The government would gain another couple billion from that indirectly if it's over 100,000 hectares. Two birds with one stone.
3. Create a special administred zone or industrial zone outside of Xamar to sidestep local corruption and centralize accountability, security and streamline government services. If done properly each square feet in that zone would be worth an ounce of gold. Easily tens of billions for the government in direct revenue while turbo boosting the local economy.
4. Create a shariah based government bond for the diaspora at extremely favourable long term rates. Much better option then taking a loan worth 200% of our GDP from some foreign vulture banks that would prefer us to not be able to pay for it so that they could dictate how we run our economy. No doubt that $15 billion will be spent on hiring overpriced foreign engineering companies.

If N&N had the public's mandate then I would keep my opinions to myself but idiots like you tend to forget that the current government got here by foreign intervention and bribes.

Brilliant ideas, you forgot one thing though buddy. The Law Enforcement needed for all of that

 

[Ras]

Brilliant ideas, you forgot one thing though buddy. The Law Enforcement needed for all of that

That's why I brought up the industrial zone.

The private sector is great at self regulating. They respect rules much more than the actual rule makers themselves since they rely on it to make a living and hold on to their winnings.

Give them a land without existing warlords or clan interests just next to Xamar and they'll arrange for everything themselves including law enforcement.

The reason why the west is stable is because there are thousands of businesses that want to keep it that way.


If it were for the elite they'd rather have constant chaos to profit from but once the private sector gains political leverage they'll overpower most other factions.

Including the couple large businesses that would prefer chaos over competition (telco's that are swimming in money atm).