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 Politics: Gambian politics
 Gambia badly in Debt ?
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toubab1020



12306 Posts

Posted - 05 Nov 2011 :  12:00:48  Show Profile Send toubab1020 a Private Message
This article is talking financial gobbledygook (there may be those normal people who fully understand the meaning of what is written,not me though ! I think the meaning is, you will have to get more taxes in in order to survive as a sustainable economy,would make sense if "the people" had any money,yes, there are VERY rich Gambians but MOST Gambians have very little money.

http://dailynews.gm/africa/gambia/article/imf-chief-backs-up-gambias-debt-distress-claim

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

toubab1020



12306 Posts

Posted - 07 Nov 2011 :  13:10:58  Show Profile Send toubab1020 a Private Message
This is a bit of news,in order to get on the right side of the IMF and get even MORE loans to keep Gambia afloat and "investing" what has happened,not taxing the people who have nothing but taxing those who since 1999 have made a lot of money but just failed to let the government have their share,this can be a classic under ,"giving false information to a public official" and WILL end up in a stay at "The Hotel" if they don't put their hands into their pockets and pull out loads and loads of unpaid tax money,H.E. cannot lose, much more money for the government then.
Ah.......Gambia "The smiling coast"

http://observer.gm/africa/gambia/article/tax-evasion-inquiry-commission-set-up

"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.

Edited by - toubab1020 on 07 Nov 2011 13:17:45
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