I Agree, PL receives most of the aid allocations in Somalia, they get alot of the SFG budget, they have their own port, don't pay a penny to the SFG taxes, but yet prints fake money. Puntites need to hold these thieves accountable, they're hurting the entire country.Whoever made the counterfeit should get arrested. This will increase inflation which will increase the price of the products. Worse of all it will decrease the value of the Somali shilling
And unemployment
but c/weli gaas graduated from Harvard University!!1!!!1I Agree, PL receives most of the aid allocations in Somalia, they get alot of the SFG budget, they have their own port, don't pay a penny to the SFG taxes, but yet prints fake money. Puntites need to hold these thieves accountable, they're hurting the entire country.
He printed fake money on regular paper expecting ppl to fall for it while he pocketed the real moneybut c/weli gaas graduated from Harvard University!!1!!!1
b-but hes teh best prez pl eveer had and hes a prof and an economistHe printed fake money on regular paper expecting ppl to fall for it while he pocketed the real money
b-but hes teh best prez pl eveer had and hes a prof and an economist View attachment 25809
the ppl responsible for the counterfeit currency have to be brought to justice, we all know fatass Gaas is behind thisI'm afraid this is just the start.
Farmaajo and co don't have the necessary institutions (competent central bank) or political leverage in place to replace the dying shilling.
If they do anyways they'll face the risk of moving more towards the dollar because of the lack of credibility they have.
If they don't then we'll end up in a recession because of lack of direction from the government.
The former option seems to be the better one as we'll be able to recover quickly as the new currency gains ground.
Still a risky move but something needs to be done.
Don't let people fool you on social media.Oh god it still looks so poor !!! I thought garowe was turning into a bustling metropolitan city what have we done to our country !!!