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Somalia, [a] officially the Federal Republic of Somalia, [b] is the easternmost country in continental Africa.The country is located in the Horn of Africa and is bordered by Ethiopia to the west, Djibouti [13] to the northwest, Kenya to the southwest, the Gulf of Aden to the north, and the Indian Ocean to the east.
Enjoying an annual budget of around US$50 million (nearly 1% of GDP at the time), [50] the Foundation had 14,000 employees and founded hundreds of new schools, clinics, old-age homes and holiday facilities; it also distributed hundreds of thousands of household necessities, physicians' visits and scholarships, among other benefits.
In contrast, most conventionally powered vehicles in the same period depreciate between 45% and 50%. [73] In 2016, it was reported that wholesale prices of used three-year old Fiat 500e were as low as US$5,000 (equivalent to $6,350 in 2023), and were being sold at retail for US$10,000 (equivalent to $12,700 in 2023).
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