Hey the @Thegoodshepherd can Puntland who has some striking similarities to Singapore past being an improvished trade hub surrounded by a bad region, could we take some ideas from it.
Some of the great talking points I noted for successful economy is;
1. Good governance I heard Deni has the will to remove corruption
2. Ease of doing Business, not to many laws because this means penalties
3. A govt focussed on infrastructure, health, education as its main priorities
4. A Housing policy. I noted this a while ago, govt should take the land and prepare it with electricity, water, roads and ask developers to build and control the sale price to only include the building cost and 20% profit margin. Once the locals are Employed they will need to purchase properties.
5. A public health fund that everyone needs to contribute too so access to health is universal
6. A sovereign Puntland fund in the international stock exchange which has to be linked to high growth assets so it grows over time and can be pulled out when needing to do public services
7. Finally I reiterate this is the most important or second, a national wage council, each industry has to have legally set salaries if this is left to the free market it could recreate a congo worker base salary and this will effect the whole economy.
8. A private local stock market where civilians can openly buy shares of PL companies and help the company expand or grow while civilian money grows.
Please note, None of these reforms is possible if the economy remains informal and isn't formalized for record keeping.
Some of the great talking points I noted for successful economy is;
1. Good governance I heard Deni has the will to remove corruption
2. Ease of doing Business, not to many laws because this means penalties
3. A govt focussed on infrastructure, health, education as its main priorities
4. A Housing policy. I noted this a while ago, govt should take the land and prepare it with electricity, water, roads and ask developers to build and control the sale price to only include the building cost and 20% profit margin. Once the locals are Employed they will need to purchase properties.
5. A public health fund that everyone needs to contribute too so access to health is universal
6. A sovereign Puntland fund in the international stock exchange which has to be linked to high growth assets so it grows over time and can be pulled out when needing to do public services
7. Finally I reiterate this is the most important or second, a national wage council, each industry has to have legally set salaries if this is left to the free market it could recreate a congo worker base salary and this will effect the whole economy.
8. A private local stock market where civilians can openly buy shares of PL companies and help the company expand or grow while civilian money grows.
Please note, None of these reforms is possible if the economy remains informal and isn't formalized for record keeping.
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