Wednesday, May 7, 2008

Curent Events Summery Eastafrica

5/7/08

In Somalia they are printing new currency in hopes to raise the nations economy. Also now in Somailia buissnessmen are forcing to be payed in US currency because the somalian currencey has become to unpredictable. "Inflation is such that if a businessman sold goods for Somali shillings, half an hour later he stands to lose 30 to 40 percent" Liban Yusuf, a businessman in Bosasso. Also in Kenya taxpayers will pay Sh33 billion to fund the grand coalition Cabinet in the next two months. Some of this money will go to the building of hospitals and to road rehabilitation.

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