Somalia currency on the way

[Avalanche]

Anything new on this?

I heard that one of the banknote manufacturers was in Sudan and since the war broke out in that country it has not been possible to get anything out.

 

[Pastoralist]

I heard that one of the banknote manufacturers was in Sudan and since the war broke out in that country it has not been possible to get anything out.

Yeah the government paid 50 million for the new notes, they’re not getting that money back, and the notes are gone.

 

[Dalac Bilaash]

Yeah the government paid 50 million for the new notes, they’re not getting that money back, and the notes are gone.

Yep I saw it got into the hands of RSF we need to move on.

 

[FBIsomalia]

The bank will also seeks to establish new branches in all FMS by the end of this year. This I found to be the most ambitious. But it’s a step towards nationilization, expect several boycotts of the currency in some “lands”. Thank you hamze barre.

First is first, There is no Tax system, how to implement central bank if we dont agree on many things!!.

 

[IKHALIIL]

First is first, There is no Tax system, how to implement central bank if we dont agree on many things!!.

Central banks deal with monetary policy not fiscal policy so what is this there is no tax system you're yapping on about

 

[Farah717]

Where are they printing these notes? This is really stupid if they are printing them in foreign nations.

 

[Pastoralist]

Where are they printing these notes? This is really stupid if they are printing them in foreign nations.

So what’s the alternative? Somalia lacks a mint of its own.

 

[Farah717]

So what’s the alternative? Somalia lacks a mint of its own.

They should be printed in the host country. If another country is printing your currency, that country is fucked.

 

[Kizaru]

its so retarded that we print our own money in someone elses country

 

[DivineMartial]

its so retarded that we print our own money in someone elses country

What country does that? Shameful

 

[FBIsomalia]

Central banks deal with monetary policy not fiscal policy so what is this there is no tax system you're yapping on about

Go learn first about currency system.