It depends on turkey exploration of oil we have a short window where we can get our economy to plus 200-300 billion using our oil to jumpstart industrializationNo. Somalia will not be a developed country in 30 years. It will probably not even be a lower middle income country in 20 years.
If Somalia manages to have a:
- GDP growth rate of 6.5%
- Population growth rate of 2.6
With a GNI per capita of $590 today, it would have a GNI per capita of $1,244 in 20 years (2044) and $1,806 in 30 years (2054). The current threshold for lower middle income is $1,146. In 20 year's time we will be where Tanzania is today and in 30 years where Nigeria is now.
btw no country in Africa has ever sustained a 6.5% GDP growth rate for 30 years.
From this:Never, It was good while it lasted (1960–1991)
Let’s address the elephant in the room sxbFrom this: View attachment 351153
To this:
View attachment 351156
We literally devolved as a race, Only people I feel sorry for is the SYL all their efforts in setting us up gone to waste. Wasnt even worth it if current somalia is the fruit of their labour.
Guyana was a stable country beforehand with a relatively competent bureaucracy and cadre of political leaders. Oil doesn’t bring peace or solve anything unless you’re a stable and somewhat developing nation.Very possible if Somalia taps into its oil resources,. Guyana, a formerly poor country saw its GDP per capita catapulted to the highest in South America after its oil discovery, with a staggering 62% growth back in 2022. Now granted we don't know exactly how much oil Somalia has yet but at least a couple of million barrels worth will be enough to allow Somalia to catch up to its neighbors.
Nah I am not ascribing to that line of thought yet, if this xaar fest goes on for another 40 years then I might consider it...Let’s address the elephant in the room sxb
It’s been going on for thirty years, deep down you know it’s true.Nah I am not ascribing to that line of thought yet, if this xaar fest goes on for another 40 years then I might consider it...
Stability will very much happen in the coming years. Oman, Saudi Arabia, Emirates ect had trash human capital prior to their oil discovery and are now rich today.Guyana was a stable country beforehand with a relatively competent bureaucracy and cadre of political leaders. Oil doesn’t bring peace or solve anything unless you’re a stable and somewhat developing nation.
I dont want to be thinking like those animals back home, I am better than that.It’s been going on for thirty years, deep down you know it’s true.
I’m afraid corruption is only a symptom of a larger problem, how can stability be brought in the coming years when Al shabab occupies vast swathes of the south, when there’s internecine and almost never ending clan warfare/grudges? When the government controls nothing more than xamar and relies on fickle and ever shifting clan patronage to keep people on side?Stability will very much happen in the coming years. Oman, Saudi Arabia, Emirates ect had trash human capital prior to their oil discovery and are now rich today.
So as long as corruption is dealt with and Somalia becomes stable, it will easily become richer.
All Somali states will most likely always be a shitholes until the Somali ethnicity ceases to be
There are people back home who lived through it, you can’t call them animals for simply relaying what they saw. this issue is the Somali races kryptonite. No one wants to tackle the problem head on.I dont want to be thinking like those animals back home, I am better than that.
That is why AS must be defeated and 4.5 dismantled with proper constitutional changes and reconciliation between regions. All huge challenges that won't happen over night but within 20-30 years I believe that is realistic.I’m afraid corruption is only a symptom of a larger problem, how can stability be brought in the coming years when Al shabab occupies vast swathes of the south, when there’s internecine and almost never ending clan warfare/grudges? When the government controls nothing more than xamar and relies on fickle and ever shifting clan patronage to keep people on side?
It’s simply the truth, you cannot govern the ungovernable.
You know who I mean that are animals its not the innocents its all people who took part in the destruction whether it was by gun, hands or word of mouth.There are people back home who lived through it, you can’t call them animals for simply relaying what they saw. this issue is the Somali races kryptonite. No one wants to tackle the problem head on.
People were attacked and defended themselves. That’s it. Condemning people who did nothing wrong just aggravates the situation.You know who I mean that are animals its not the innocents its all people who took part in the destruction whether it was by gun, hands or word of mouth.
Why? It’s enough of a headache for them just keeping Somali Galbeed and NFD in line.Kenya and Ethiopia will annex us they already have American and Chinese support