The Future of Somali Economic Growth 2015
By Ali Osman Thursday, December 25, 2014 Challenges: Somalia is a country that is coming out of two decades of civil war. The Somali economic challenges are many and addressing them will not happen overnight . Security situation is improving but still volatile. The governance is fragile and lacks the capacity to carry out basic functions of governing in providing security and economic opportunity. Credible public revenue “ taxation” systems is not fully functioning. Without taxation, creating jobs, reconstruction of infrastructure, health and education is very challenging. The political leadership is constantly engaged in a petty political squabbles that squander valuable time and resources. The majority of the citizens are very poor with not much money to spend outside of their daily necessities such as food, water and shelter. Government grand vision in infrastructure development programs to create jobs and eleva...