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Showing posts from November, 2023

WHY DEBT RELIEF IS IMPERATIVE FOR SOMALIA'S ECONOMIC REVIVAL

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    History of Somalia’s Debt Somalia is in the process of recovering from the aftermath of a prolonged civil war that lasted for over two decades, resulting in widespread devastation to the nation's people, economy, institutions, and infrastructure. The country is gradually making strides in rebuilding its economy and essential institutions, aiming to shift from a state of fragility to one of stability. The upcoming hurdles are significant and demand considerable financial, economic, and technical dedication and assistance. In the 1970s, the growth of foreign debt outpaced export earnings, reaching nearly 4 billion shillings. Part of this debt was from developed nations like the then Soviet Union (US$115 million), China (US$87.4 million), Bulgaria, Russia, and Germany. In March 1984, the government formally agreed to the conditions of a new IMF protracted credit amounting to US$183 million, which was set to span three years. From mid-2015 onward, the Federal Government of Somalia

EAST AFRICAN COMMUNITY SAFEGUARDS STATE SOVEREIGNTY (SOMALIA).

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  EAST AFRICAN COMMUNITY SAFEGUARDS STATE SOVEREIGNTY (SOMALIA). The treaty within the East African Community, known as the Treaty for the Establishment of the East African Community, plays a crucial role in promoting and protecting the sovereignty of its member states. By providing a framework for cooperation and integration, the treaty ensures that the participating nations retain their independence while benefiting from regional cooperation in various sectors such as trade, infrastructure, security, and governance. As a matter of fact, the treaty is of utmost significance in promoting and protecting the independence and interests of member states. The concept of sovereignty has long been regarded as a fundamental principle within international relations. It is the cornerstone upon which nations build and protect their independence, territorial integrity, and ability to govern themselves. Within the East African Community (EAC), a regional intergovernmental organization comprisin

There are several potential benefits for Somalia in becoming a full member of the East African Community (EAC) from a legal perspective

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  There are several potential benefits for Somalia in becoming a full member of the East African Community (EAC) from a legal perspective These include: 1. Access to a common legal framework: Joining the EAC would provide Somalia with access to a common legal framework established by the community. This would ensure uniformity and consistency in legal practices and regulations across member states, promoting legal certainty and predictability for businesses, investors, and individuals operating in the region. 2. Harmonization of laws: Membership in the EAC would require Somalia to align its laws and regulations with those of the community. This process of harmonization would help to bridge any legal gaps or inconsistencies that may exist in Somalia's legal framework, promoting a more efficient and effective legal system. 3. Enhanced regional cooperation: As a full member of the EAC, Somalia would have the opportunity to participate in various regional initiatives aimed at promoting

Somali membership of the East African Community

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  Somali membership of  the East African Community  Somali's recent attainment of full membership in the East African Community marks a significant milestone for our nation. This development, however, does not imply that Somalia will forfeit its sovereignty. On the contrary, joining the East African Community allows Somalia to actively participate in regional decision-making processes while retaining its autonomy. Membership in the East African Community provides Somalia with numerous benefits. It opens up opportunities for increased trade and economic cooperation with neighboring countries such as Kenya, Tanzania, Uganda, Rwanda, and Burundi. By aligning itself with these nations, Somalia gains access to a larger market, which can bolster its economy and contribute to the overall development of the country. Moreover, becoming a full member of the East African Community allows Somalia to engage in regional discussions and negotiations. This participation ensures that Somalia's

SOMALIA’S RETURN TO ITS RIGHTFUL PLACE IN THE INTERNATIONAL COMMUNITY THROUGH EAC MEMBERSHIP: REMARKABLE MILESTONE UNDER THE LEADERSHIP OF PRESIDENT DR. HASSAN SH. MAHAMUD

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  SOMALIA’S RETURN TO ITS RIGHTFUL PLACE IN THE INTERNATIONAL COMMUNITY THROUGH EAC MEMBERSHIP: REMARKABLE MILESTONE UNDER THE LEADERSHIP OF PRESIDENT DR. HASSAN SH. MAHAMUD   As Somalia celebrates its membership of the EAC today, it's important to note that this is a remarkable milestone towards achieving stability and economic growth. Though some authors and political activists in Somalia might argue that Somalia’s EAC membership would infringe on its sovereignty, I beg to differ. There are no instances in the entire world where regional organizations interfered with governments of its member states. Governments have always operated independently regardless of their membership into any regional blocs. Somalia’s EAC membership comes at a time where Somalia is on the right path towards political and economic stability under the current administration. This article reiterates the reasons why Somalia made the right decision to join EAC. These include: Access to a Larger Market

Right Track to Political Stability and Sustainable Development under Leadership of President Dr Hassan Sh Mahamud

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  Right Track to Political Stability and Sustainable Development under Leadership of President Dr Hassan Sh Mahamud   The article titled “The utilization of the War on Terror as a Façade for Establishing a Dictatorial Regime” by Sheiknor Abukar Qasim is an unfounded criticism that tries to cover up what President Dr Hassan Sh. Mahamud is trying achieve for Somalia. Failure to land a job or a position in the current administration have made some intellectuals who happen to have been supporting the previous regime to resort to writing criticism articles. It is important to note that the critics in the above reviewed article appears to be heavily biased and lacks a balanced perspective. Here are some points of critique: Lack of Evidence : The article makes several strong claims about the president's behavior, such as turning the country into a "family affair" and a "one man show." However, it lacks concrete evidence or examples to support these allegations. I

FORCED ACCESS TO RED SEA PORT BY ETHIOPIA IS A THREAT TO SOMALIA SOVEREIGNTY

  FORCED ACCESS TO RED SEA PORT BY ETHIOPIA IS A THREAT TO SOMALIA SOVEREIGNTY   The recent statement made by the Ethiopian Prime Minister, in which he argued that Ethiopia, being a landlocked country, the authority to use force to attain access to the sea, is a troubling departure from the principles of global cooperation and harmonious coexistence. This assertion clearly goes against the United Nations Charter, international law, and the fundamental values that support our interconnected global community. The assertion of the right to access the sea and the disputes surrounding it have been a notable source of conflict. Nevertheless, it is crucial to differentiate between a nation's legitimate entitlement to peaceful sea access, as safeguarded by the United Nations Convention on the Law of the Sea (UNCLOS) and acts of outright territorial aggression. Ethiopia's historical interactions with its neighboring nations have experienced both positive and negative moments. No