World Bank Pledges 1.5 million to Puntland

[Captain24]

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

[Captain24]

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

[sheekh-Farax-zero]

[FAH1223]

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)

[surrender]

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

[gemini07]

[MrPrestige]

you will see all that money Faroole will eat it up

[Captain24]

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

[AbdiWahab252]

Not a fan of Puntland but respect the hustle

[Captain24]

Not a fan of Puntland but respect the hustle

Strong Puntland = Strong Galmudug

[MrPrestige]

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

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

[AbdiWahab252]

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

[Captain24]

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

[suga_n_spice]

[Captain24]