Independent Somalia would need foreign aid for up to twenty years

Evidence

While local revenue, derived as in the past principally from import and export dues with little help from direct taxation, rose from just over £1 million in 1950 to double that figure in 1956, expenditure, although decreasing from £7 million in the first year to £5 million five years later, continued to remain far in excess of receipts. By 1956 there was still a considerable and persistent adverse balance of payments, and the general economic picture was such as to lead the World Bank mission which visited the territory in 1957 to conclude that exceptional financial assistance might be required for as many as twenty years after independence. — I.M. Lewis, I. M. Lewis, A Modern History of the Somali_ Nation…, 385

Categorization

• corroborated: 2 independent passages support this claim — I.M. Lewis, I. M. Lewis, A Modern History of the Somali_ Nation…, 385
• XREF: connects to: Post-independence Somalia remained economically dependent on British and Italian aid — I.M. Lewis, I. M. Lewis, A Modern History of the Somali_ Nation…, 423; Somalia became independent despite not being economically viable; Former colonial powers funded 31 percent of Somalia’s initial budget.

Related

• Post-independence Somalia remained economically dependent on British and Italian aid (similarity 0.90)
• Somalia became independent despite not being economically viable (similarity 0.88)
• Former colonial powers funded 31 percent of Somalia’s initial budget. (similarity 0.87)
• Italian-ruled Somalia ran persistent budget deficits after thirty years (similarity 0.86)
• Great-power expediency delivered Somalia back to Italy for ten years (similarity 0.83)
• Somalia stayed non-aligned and aid-rich despite the N.F.D. loss (similarity 0.82)

Broader Connections

• Post-independence Somalia remained economically dependent on British and Italian aid #corroborates (0.75) — I.M. Lewis, I. M. Lewis, A Modern History of the Somali_ Nation…, 423
• Somalia became independent despite not being economically viable #corroborates (0.70)
• Former colonial powers funded 31 percent of Somalia’s initial budget. #corroborates (0.60)