Somalia is one of the poorest nations in the world. They are hence facing economic crises in different strands which include the absence of a real currency for the nation as such from the early 1990’s. In addition to these crises other allied troubles like immense counterfeiting and the menaces created by the terrorist group Al-Shabaab by banning the weak currency notes , has put the country into great currency crises.
However the government is happy to announce the introduction of modern bank notes with all international security standards. The printing of a strong currency note is happening for the first time in the last 25 years. This seems to be a great move in their history and the notes with all modern features is expected to check counterfeiting big time.