Subchapters: Basic data Public finances and the state budget Banking system Tax System Basic data According to cheeroutdoor.com, the availability of reliable data on the Somali economy is unfortunately minimal. Somalia’s economy is estimated to have shrunk by as much as 7% in 2020, not only due to the global pandemic, but also due to […]
Tag: Somalia
Although the country is blessed with hundreds of kilometers of pearly white beaches, Somalia is certainly not a holiday destination par excellence. The climate is desert-like: most of the country consists of savannas. Somalia has two ‘rainy periods’. From October to December and in March and April, an average of 50 millimeters of rain falls per month. Most rain falls in the south. In Somalia it is almost continuously 35°C and more. Only in the months of June to August does the mercury drop below this value. Check businesscarriers for Somalia Economics and Business.
Somalia State Overview
Somalia. In Somali language: Soomaaliya, in Arabic: الصومال, As-Sūmāl. Formally known as the Somali Republic, it is a country located in the so-called Horn of Africa, east of the African continent. Mogadishu is the capital city of Somalia according to allpubliclibraries. To the west and northwest it borders Ethiopia and Djibouti, to the south with Kenya, to the north with the Gulf of Aden, and to the east with the Indian Ocean. After […]