Somalia is seeking the services of a Nairobi-based currency expert seconded by the International Monetary Fund (IMF) as it looks to issue a new currency to replace its widely counterfeited shilling.
The Horn of Africa state has not issued official currency notes since 1991 and is banking on a $41 million donor-funded currency reform plan to phase out the counterfeit notes that account for more than 90 percent of the money in circulation in the country.
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Somalis have been trading using the dollar as most businessmen do not trust their currency.
Waende tu pale Barclays queensway
Kwani Somali hawasomi headlines za Kenya vile kumeharibika…
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How many has al shabaab Killed today in zoomalia
Digi News will handle that …his has reinforcement this time @Baba yake Digi
Hehe , he’s more reliable than all our githeri media combined.