TheSomaliDiary

Somali economy is considered to be fragile due to a number of factors. One of the main reasons is the ongoing conflict and political instability in the country, which has led to a lack of investment, development, and trade. The country has been without a functioning central government for much of the past three decades, and this has resulted in a lack of basic services, such as healthcare and education, and widespread poverty. Another factor contributing to the fragility of the Somali economy is the lack of infrastructure, including roads, telecommunications, and electricity. This lack of infrastructure has made it difficult for businesses to operate and for goods and services to be transported throughout the country. Additionally, the Somali economy is heavily dependent on agriculture and livestock, which are vulnerable to fluctuations in weather patterns and disease outbreaks. This has resulted in frequent food shortages and famine, further exacerbating the fragility of the economy.

The draft Constitution of Somalia was developed by the Constitutional Commission between 2010 and 2012 and was approved by the National Constituent Assembly in August 2012. However, its adoption has been delayed due to political instability and disagreements between different political actors in Somalia. In fact, the process to finalize the draft Constitution of Somalia became long and complex one, with numerous challenges and obstacles that have prevented its completion. Some of the main reasons why Somalia has been unable to finalize the draft Constitution include: 1. Political instability: Somalia has been affected by political instability and conflict for many years, which has made it difficult to establish a stable government and political system. In such an environment, it can be challenging to build consensus on a new Constitution that reflects the needs and aspirations of all stakeholders. 2. Clan-based politics: Somalia's political system is based on clan affiliations, w

The United Nations Secretary-General, António Guterres, visited the capital of Somalia Mogadishu amidst fifth consecutive rain failure resulting food insecurity and livelihood crisis to 7 millions popualtion. The UNSG is also expected to visit Baidoa the second largest IDP concentrated area within the country. Mr. Guterres is expected to pledge funding for Somalia'a humanitarian crisis. The UNSG Mr. Antonio Guterras visited Somalia in March 2021 at a time Somalia was facing a similar humanitarian crisis caused by conflict, displacement, and drought. During his last visit, he met with senior government officials, representatives of civil society organizations, and members of the United Nations country team to discuss the challenges facing the country and explore ways to support Somalia's efforts to address them. The Secretary-General's last visit came at a crucial time as Somalia was facing multiple challenges, including ongoing conflict, the COVID-19 pandemic, and a h

The US dollar is a common currency in Somalia The US dollar is commonly used as a currency in Somalia, especially in urban areas and in international transactions. This is due to the instability of the Somali shilling, which has experienced significant inflation and devaluation over the years. The use of the US dollar in Somalia dates back to the early 1990s, when the country descended into civil war and the central government collapsed. Without a functioning central bank to issue and regulate its currency, Somalia has relied on foreign currencies, such as the US dollar, for trade and commerce. Additionally, many Somalis living abroad send remittances to their families in Somalia in US dollars, further contributing to the widespread use of the currency in the country. How has the use of the US dollar affected the Somali economy? The use of the US dollar in Somalia has had both positive and negative effects on the economy. Positive effects : - Stabilization: The US dollar has pro

Conflict, poverty, and instability have been major problems in Somalia for many years. Despite having one of the highest unemployment rates in the world, the bulk of its population is under the age of 30, and they face a grim future. Many of them are hopeless and desperate, and some of them might turn to violence. For the young people of Somalia, there is however some optimism. They have access to the internet and other online resources that can provide them with opportunities, entertainment, and knowledge. One of these platforms is 1XBET, a Somalian-based bookmaker that provides a selection of sports and games to wager on. In addition to being a gambling website, 1XBET offers a social network where Somalis can interact with other fans, express their thoughts, and seek professional counsel. For its devoted consumers, 1XBET also offers incentives, promotions, and awards in addition to a safe and practical payment mechanism. One way that the young people of Somalia can have fun, unwind,