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World Bank Pledges 1.5 million to Puntland

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Captain24
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World Bank Pledges 1.5 million to Puntland

Postby Captain24 » Fri May 15, 2009 12:21 pm

GAROWE, Somalia May 15 (Garowe Online) - A World Bank delegation visited the capital of Somalia's self-governing federal State of Puntland and signed a grant with Puntland President Abdirahman Mohamed "Farole," Radio Garowe reports.

The World Bank delegation was led by Mr. Eric Johnson from Washington, D.C., and the hours-long meeting held at State House in Garowe, the capital of Puntland.

Gen. Abdisamad Ali Shire, Puntland's vice president, was present at the meeting alongside Finance Minister Farah Ali Jama, Planning Minister Farah Adan Dhala and the Chief of Cabinet, Mr. Ali Barre Jama Gibin.

Puntland President Abdirahman Farole
President Farole offered the delegation an overview of recent developments in Puntland, including the peaceful presidential election in January, and discussed the region's development needs.

Mr. Johnson commended the peaceful situation in Puntland and pledged that the World Bank would support the regional government with a US$1.5million grant, according to Planning Minister Dhala.

"The [Puntland] administration plans to use the funds for renovation of the Port of Bossaso, the paving of a tarmac road to and from the port, and the construction of a vocational school," the Planning Minister told Radio Garowe after the conclusion of the meeting.

It is the first grant the new administration led by President Farole has received from the international community since assuming office in January.

A World Bank officer was present in February when the Puntland government hosted a two-day seminar in Garowe entitled "Re-engaging with the International Community," where the United Nations and international non-governmental organizations were present.

Puntland, located in northeastern Somalia, declared itself a federal state within Somalia in 1998 and has held three peaceful elections since.

Source: Garowe Online

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Re: World Bank Pledges 1.5 million to Puntland

Postby Captain24 » Fri May 15, 2009 12:28 pm

The Money to fight 'Piracy' is coming up. Making money form the pirates and at the same time from the International community. Puntlanders are balling :clap: :clap:

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Re: World Bank Pledges 1.5 million to Puntland

Postby sheekh-Farax-zero » Fri May 15, 2009 2:24 pm

:clap: :clap:

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Re: World Bank Pledges 1.5 million to Puntland

Postby FAH1223 » Fri May 15, 2009 2:32 pm

they're using it for the port, to pave the roads and to build a school

and somalis only know international aid

By the mid-1980s 100
percent of Somalia’s development budget and 50 percent of its recurrent budget was funded by
foreign aid
(UNDP, 2001, p. 118)

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Re: World Bank Pledges 1.5 million to Puntland

Postby surrender » Fri May 15, 2009 2:36 pm

its a grant, not a loan. so thats good i hope it reaches the right people. :up:

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Re: World Bank Pledges 1.5 million to Puntland

Postby gemini07 » Fri May 15, 2009 2:51 pm

:clap:

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Re: World Bank Pledges 1.5 million to Puntland

Postby MrPrestige » Fri May 15, 2009 2:55 pm

:lol: you will see all that money Faroole will eat it up

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Re: World Bank Pledges 1.5 million to Puntland

Postby Captain24 » Fri May 15, 2009 3:00 pm

Ducaysane209 wrote::lol: you will see all that money Faroole will eat it up


At least we won't fight over qamadi, and a donated one at that :clap: :clap: :lost:

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Re: World Bank Pledges 1.5 million to Puntland

Postby AbdiWahab252 » Fri May 15, 2009 3:02 pm

Not a fan of Puntland but respect the hustle :up:

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Re: World Bank Pledges 1.5 million to Puntland

Postby Captain24 » Fri May 15, 2009 3:03 pm

AbdiWahab252 wrote:Not a fan of Puntland but respect the hustle :up:


Strong Puntland = Strong Galmudug :som:

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Re: World Bank Pledges 1.5 million to Puntland

Postby MrPrestige » Fri May 15, 2009 3:07 pm

Captain24 wrote:
Ducaysane209 wrote::lol: you will see all that money Faroole will eat it up


At least we won't fight over qamadi, and a donated one at that :clap: :clap: :lost:



:lol: qamadi grows in shilinka shanaad not Somaliland - Still faroole will eat up the money you will see it

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Re: World Bank Pledges 1.5 million to Puntland

Postby AbdiWahab252 » Fri May 15, 2009 3:16 pm

Captain24,

I give credit where credit is due. The only thing I want Puntland to stop is the counterfeiting money business. It has brought the worst kind of hardship for all Somalis

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Re: World Bank Pledges 1.5 million to Puntland

Postby Captain24 » Fri May 15, 2009 3:18 pm

AbdiWahab252 wrote:Captain24,

I give credit where credit is due. The only thing I want Puntland to stop is the counterfeiting money business. It has brought the worst kind of hardship for all Somalis


Have you heard anything like that since Faroole took the office. Human trafficking, printing fake money is a thing in the past now

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Re: World Bank Pledges 1.5 million to Puntland

Postby suga_n_spice » Fri May 15, 2009 3:56 pm

:roll:

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Re: World Bank Pledges 1.5 million to Puntland

Postby Captain24 » Fri May 15, 2009 3:57 pm

suga_n_spice wrote::roll:


:lost: :lost:


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