Somalia to print first banknotes in 25 years

Daily chitchat on Somali politics.

Moderator: Moderators

User avatar
Voltage
SomaliNet Super
SomaliNet Super
Posts: 29214
Joined: Tue Oct 23, 2007 11:33 pm
Location: Sheikh Voltage ibn Guleid-Shire al-Garbaharawi, Oil Baron

Somalia to print first banknotes in 25 years

Post by Voltage »

I don't know too much about the money circulation in Somalia (I'm assuming many of the diaspora/elites only use the dollars), but in another step getting back sovereignty....Somalia will print first real banknotes in 25 years and the IMF will help. These will be totally new banknotes with anti-counterfeit tech

The IMF also says Somalia's creditors are now interested developing a plan with the new Somali government for DEBT RELIEF (not that anyone was asking us to pay back debts anytime soon tbh)

https://www.ft.com/content/7be84cca-031 ... b07f5c8e12
User avatar
26June1960
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1400
Joined: Mon Mar 30, 2015 1:28 am

Re: Somalia to print first banknotes in 25 years

Post by 26June1960 »

This is a good step. :up:
User avatar
X.Playa
SomaliNet Super
SomaliNet Super
Posts: 17317
Joined: Sun Mar 17, 2002 7:00 pm
Location: Canada,Hawd

Re: Somalia to print first banknotes in 25 years

Post by X.Playa »

Loool IMF wherever these guys are involved its a total disaster for the poor countries.
User avatar
jamal9
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 2972
Joined: Tue Jul 02, 2013 2:41 pm
Location: Life is a bitch then you become one

Re: Somalia to print first banknotes in 25 years

Post by jamal9 »

what's the point, those new banknotes will be counterfeited as usual. many pple in p/land and xamar have their own high tech printing presses.

a better solution would be to go digital.
User avatar
sahal80
SomaliNet Super
SomaliNet Super
Posts: 21186
Joined: Sun Jan 08, 2012 1:49 pm

Re: Somalia to print first banknotes in 25 years

Post by sahal80 »

i breaked this news in 20 feb in the thread last minute daljir support won for farmajo


"westreners promised to print a new plastic note shilling, as a part of the new financial reforms"
abodu
SomaliNetizen
SomaliNetizen
Posts: 857
Joined: Wed Dec 03, 2014 12:18 pm

Re: Somalia to print first banknotes in 25 years

Post by abodu »

Whose face will be on the note? Museveni or Gabre? :lol:
User avatar
26June1960
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1400
Joined: Mon Mar 30, 2015 1:28 am

Re: Somalia to print first banknotes in 25 years

Post by 26June1960 »

abodu wrote: Thu Mar 09, 2017 3:43 pm Whose face will be on the note? Museveni or Gabre? :lol:
I think the historical ruins of Seylac, one of the oldest settlements of Somalia should be in the back of one of the notes. Other suggestions could be the two rivers of Jubba river and Shabeele river or shimbiris mountain.

No faces of previous presidents (Adan Cade, Sharmaarke and Jaalle Siyaad) should be on the currency.
abodu
SomaliNetizen
SomaliNetizen
Posts: 857
Joined: Wed Dec 03, 2014 12:18 pm

Re: Somalia to print first banknotes in 25 years

Post by abodu »

26June1960 wrote: Thu Mar 09, 2017 4:16 pm
abodu wrote: Thu Mar 09, 2017 3:43 pm Whose face will be on the note? Museveni or Gabre? :lol:
I think the historical ruins of Seylac, one of the oldest settlements of Somalia should be in the back of one of the notes. Other suggestions could be the two rivers of Jubba river and Shabeele river or shimbiris mountain.

No faces of previous presidents (Adan Cade, Sharmaarke and Jaalle Siyaad) should be on the currency.

Seylac is not In Somalia.
User avatar
26June1960
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1400
Joined: Mon Mar 30, 2015 1:28 am

Re: Somalia to print first banknotes in 25 years

Post by 26June1960 »

abodu wrote: Thu Mar 09, 2017 4:21 pm
26June1960 wrote: Thu Mar 09, 2017 4:16 pm
abodu wrote: Thu Mar 09, 2017 3:43 pm Whose face will be on the note? Museveni or Gabre? :lol:
I think the historical ruins of Seylac, one of the oldest settlements of Somalia should be in the back of one of the notes. Other suggestions could be the two rivers of Jubba river and Shabeele river or shimbiris mountain.

No faces of previous presidents (Adan Cade, Sharmaarke and Jaalle Siyaad) should be on the currency.

Seylac is not In Somalia.
Let me guess and the Kaaba is not in Mecca, right?
abodu
SomaliNetizen
SomaliNetizen
Posts: 857
Joined: Wed Dec 03, 2014 12:18 pm

Re: Somalia to print first banknotes in 25 years

Post by abodu »

26June1960 wrote: Thu Mar 09, 2017 4:23 pm
abodu wrote: Thu Mar 09, 2017 4:21 pm
26June1960 wrote: Thu Mar 09, 2017 4:16 pm
I think the historical ruins of Seylac, one of the oldest settlements of Somalia should be in the back of one of the notes. Other suggestions could be the two rivers of Jubba river and Shabeele river or shimbiris mountain.

No faces of previous presidents (Adan Cade, Sharmaarke and Jaalle Siyaad) should be on the currency.

Seylac is not In Somalia.
Let me guess and the Kaaba is not in Mecca, right?

Did you just compare muqdisho to Mecca?
User avatar
BlueBlood
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 1897
Joined: Sat Dec 06, 2014 11:28 am

Re: Somalia to print first banknotes in 25 years

Post by BlueBlood »

:dj: :stylin: :wow: :blessed:
User avatar
PanSomaliNationalist
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 3422
Joined: Tue Aug 09, 2016 7:35 pm

Re: Somalia to print first banknotes in 25 years

Post by PanSomaliNationalist »

They should put Aden and sharmarke. All qabiils lover those two presidents
abodu
SomaliNetizen
SomaliNetizen
Posts: 857
Joined: Wed Dec 03, 2014 12:18 pm

Re: Somalia to print first banknotes in 25 years

Post by abodu »

PanSomaliNationalist wrote: Thu Mar 09, 2017 5:10 pm They should put Aden and sharmarke. All qabiils lover those two presidents


How about Dr Hawa Abdi Dhiblawe? Activist, Physician and woman worth having her face on those notes.


Image
User avatar
PanSomaliNationalist
SomaliNet Heavyweight
SomaliNet Heavyweight
Posts: 3422
Joined: Tue Aug 09, 2016 7:35 pm

Re: Somalia to print first banknotes in 25 years

Post by PanSomaliNationalist »

abodu wrote: Thu Mar 09, 2017 5:33 pm
PanSomaliNationalist wrote: Thu Mar 09, 2017 5:10 pm They should put Aden and sharmarke. All qabiils lover those two presidents


How about Hawa Abdi Dhiblawe? Activist, Physician and woman worth having her face on those notes.


Image
Of course!

They should put an activist ahmed gurey the somali coat of arms and pharaohs
abodu
SomaliNetizen
SomaliNetizen
Posts: 857
Joined: Wed Dec 03, 2014 12:18 pm

Re: Somalia to print first banknotes in 25 years

Post by abodu »

Hawa Abdi over Ahmed Gurey. One represent death and destruction the other, hope and a better Somalia.
Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Politics - General Discussions”