Economy
In October 2008, the daily labor rate was estimated at 157,500 Somali shillings (approximately $4.50), up from 52,000 shillings (approximately $2.21) in January 2008, while kilogram of red rice rose from 14,170 (approximately $0.61) to 46,000 (approximately $1.31). A liter of diesel cost 43,000 shillings (approximately $1.23) and a camel costs over 15 million shillings (approximately $435). Total cereal production as of 2008 was estimated to be 780MT.
Before the war, there were a meat-tinning factory, as well as a tannery, and a modern fish factory. There were also two sugar refineries, one at Jowhar and another situated near Jilib. As of January 2007, the market was bustling, although the city's infrastructure had incurred considerable damage.
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Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
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