Wednesday, July 3, 2024

Somalia Problems 7-3-24

Somalia’s economic freedom is not graded because of the lack of reliable data. Somalia is a failed state.

Over the past decade, extreme violence and civil war, political instability, and famine have ravaged an already fragile living situation. The result is an utterly devastated economy and a country that lacks a functioning national government with the ability to provide even basic services. 

Decades of lawlessness have destroyed any foundation of economic freedom on which a developing economy might be built. Somalia remains mired in corruption, violence, and political intrigue. The country’s nearly complete economic collapse has resulted in massive human migrations, and a humanitarian catastrophe has been unfolding in the devastated economy. Somalia’s GDP and living standards are among the world’s lowest, and many Somalis depend on remittances from abroad. Livestock, agriculture, and fishing are economic mainstays.

https://www.heritage.org/index/pages/country-pages/somalia#

Norb Leahy, Dunwoody GA Tea Party Leader

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