Faysal Ali Waraabe: Aid has been cut from Somaliland

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Bohol

VIP
It is very dumb to think aid would continue after 4 times failure to hold elections. Everything
has consequences in the real world.


Somaliland dhaqaalihii waa laga jartay.
 
Why this grown ass man is doing tuugsi tuugsi.

We've become nation of beggers.

:faysalwtf:

We should promote something other that.
 
This could be a blessing in disguise, aid keeps you poor and dependent

It cripples the economy in a way when it's mostly aid dependent.

It is better for a nation to only receive aid during national emergencies (war, natural disasters) than relying on aid as a source of income. Moreover, the government will be less liable to the people's wishes if aid, instead of effective taxation, became the norm.

Whereas countries that are dependent on aid can afford to neglect tax collection, countries without it are forced to use taxation appropriately. In 1990-2000, the Somaliland ministry of finance reported that “95 per cent of the resource that finance the activities are locally mobilised, mostly through taxation”.

Not only are taxes collected in a non-coercive manner, but the government enhances its legitimacy by allowing a degree of public participation in the policy-making process. For example, in early 2000s the government attempted to increase taxes on the private sector and proposed a VAT rate of 30 per cent, but the business sector lobbied against it and the policy was reversed.

https://capx.co/somaliland-is-a-lesson-in-how-to-build-a-nation-without-aid/
 
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