Puntland First Movement To Host First Ever Conference

[DR OSMAN]

 

[DR OSMAN]

My advice at this conference would be we need the following objectives, we need to increase GDP, our people time must be calculated into 2 financial seasons of 6 months or into four quarters in a year and their production, consumption or spending, govt investment, and exports needs record keeping and growth increases over time. 1% increase across our gdp makes us 100% wealthier.

If we apply the rule of 72 an economic rule divided by growth rate we can calculate how much wealthier puntites will be in number of years, an example Ethiopia growth rate of 10% on GDP each year will mean each 7 years, their 700% richer then the last 7 years.

Govt must focus on health and nutrition because unhealthy people are unproductive and their output is lower due to energy or health deficiencies. It must focus on hard infrastructure like water, electricity, roads, housing projects and most importantly schools with a focus on technical skills not professional skills. Professional office skills are a side effect that grows once your market has technical skills and products.

I also suggest we begin targetting higher middle income countries with land limitations of urbanisation as new markets for livestock and fishery not rely on this seasonal trade with the gulf only.

We need to create a stock exchange where our locals invest in the top 100 companies which can give these companies financial resources to expand or add new goods or services. We need to setup middle men companies who focus on securing equipments from china so their making money in the supply chain. Oil and Gold will naturally develop once other areas of our market is developed.

I didn't mention banks because PL govt is setting up the banking infrastructure but this is crucial wealth isn't generated from nothing we need credit providing facilities and to convince locals to use it rather then say interest rates which has been demonized by religions just say this is the price of the loans. No profit incentives will lead to no lending just like no business operates as a charity because inflation alone kills your money value if U loan it and only get back the same amount. U either borrow money to make money or U remain begging off ppl who did loans and hand U the crumbs of their wealth is the economic structure worldwide.

This blue print should ensure economic growth in consumption because workers will work and spend in the market which will lead to businesses responding to demand and getting loans to start up operation and you got your civilians reinvesting savings into public companies in stock market to drive further growth. You just need a blue print on your supply chains especially equipments.

 

[DR OSMAN]

I will always conclude in my speeches that puntites need to kill our enemy thru success, this is the most painful way to hurt your enemy not warring with them or arguing with them. Kill the enemy by developing PL and being Puntland first.

As you can see with the federal govt trying to do isbaaro on our development, they know we r more capable then they will ever be. There is no constitutional court in this land and PL govt and federal govt are equal authorities in the constitution, their no hierarchy. These ppl in Mogadishu especially their elites r very misinformed, their dead bodies in liido and they want to do isbaaro on PL development projects.

 

[Midwestern]

Movement is gaining traction and Minister Juxa is attending this conference.