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Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 10:36 am
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

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 2:55 pm
by 26June1960
This is a good step. :up:

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 2:58 pm
by X.Playa
Loool IMF wherever these guys are involved its a total disaster for the poor countries.

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 3:00 pm
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.

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 3:34 pm
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"

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 3:43 pm
by abodu
Whose face will be on the note? Museveni or Gabre? :lol:

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 4:16 pm
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.

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 4:21 pm
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.

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 4:23 pm
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?

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 4:25 pm
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?

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 4:33 pm
by BlueBlood
:dj: :stylin: :wow: :blessed:

Re: Somalia to print first banknotes in 25 years

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

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 5:33 pm
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

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 5:38 pm
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

Re: Somalia to print first banknotes in 25 years

Posted: Thu Mar 09, 2017 5:48 pm
by abodu
Hawa Abdi over Ahmed Gurey. One represent death and destruction the other, hope and a better Somalia.