SomaliNet Forums

Voltage,

The pages of World Bank, other institutions, Wikipedia, etc do not show Somalia is debt free.

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.

Abkoos reaction to N&N achieving debt relief

lies. it's up to the next goverments performce and good governance if things go wrong it will alter completely.

let us say this is a process that has begun under the former govt couldn't deliver the goals of their govt for many reasons one of them is lack of cooperation with the FMS who r part of the reforms. xamar doesnt manage shit. this is why they asked waare and lafta gareen to spread the lies.

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.

Abkoos reaction to N&N achieving debt relief

There is no debt relief. Somalia have reached the decision point stage in the process. If all next steps are achieved Somalia can get debt relief first in 2023.

Abkoos reaction to N&N achieving debt relief

lies. it's up to the next goverments performce and good governance if things go wrong it will alter completely.

let us say this is a process that has begun under the former govt couldn't deliver the goals of their govt for many reasons one of them is lack of cooperation with the FMS who r part of the reforms. xamar doesnt manage shit. this is why they asked waare and lafta gareen to spread the lies.

Sahal this is sad, what lie was told by IMF and World Bank reps? Are they lying for the sake of Kheyre and NN?

Debt Relief is an ongoing process but they reached a milestone yesterday clearly to relieve initial parts of the 5 billion.

lies. it's up to the next goverments performce and good governance if things go wrong it will alter completely.

let us say this is a process that has begun under the former govt couldn't deliver the goals of their govt for many reasons one of them is lack of cooperation with the FMS who r part of the reforms. xamar doesnt manage shit. this is why they asked waare and lafta gareen to spread the lies.

Sahal this is sad, what lie was told by IMF and World Bank reps? Are they lying for the sake of Kheyre and NN?

Debt Relief is an ongoing process but they reached a milestone yesterday clearly to relieve initial parts of the 5 billion.

someone(former govt( bought a ticket and now the same person(current govt) is stuck in a plane waiting to take off. what if the next govt faills the tesk ahead of this one? things will revert back to a previous stage. now claiming to have obtained debt relief is like someone who claims to have done the tesk ahead of them! this is why it could take 10 years!

im not economist and many people here have better knowledge than me but im familiar with the realpolitik rather than on ideals like these kids who dont understand the the federal system of the government. FGS controls 5% of the Somali economy. even in Xamar you have these isgaarsiinta shirkado iyo duulimaadla like jubbaairways who have monopoly on reality like xajka/pilgrimage

FGS=central bank, Mogadish airport and port+Mogadishu tax collection. the financial creditors are looking at Somalia as a holistic approach. next tasks will concentrate more on finance unification. cooperation between the FGS and FMS remains as a keystone that why finance minister held shir in kismaayo for the fms and all have shown their good intentions bc they need the money. this program is called staff monitored program it started with the FGS and now includes the FMS so all somalia can benefit from receiving funds. the next era all development will be concentared on the FMS/regions

https://www.imf.org/en/News/Articles/20 ... ed-program

i didnt like to post this old link here goes back to late 2017 when waare was just elected and before forming his cabinet. this guy was finance minister back then. i think he is one of the few educated ministers hirshabelle had he is economist from canada. start from 9:50 to see that FMS r part of the financial reform. this Govt have done good for Xamar part(bank, ports, tax collection, mushaar) this is why ajaanibta link talks and FMS stabiliy with the debt relief. they say all the time come on maryooley unite unite for the shaqo.

I get what you are saying Sahal, there is still a process running but the big milestone here is about the fact that they now have access to Financial Systems. Like Kheyre said recently the first funds from (45 million) have entered Government bank account following this Debt Relief process.