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LEMON TIME
Afghanistan
1295 Posts |
 Posted - 20 Apr 2006 : 23:09:21
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hello gambian as we hear yahya telling us that he is very rich and that even his grand children will be very well off.i really want him to tell us how comes The Gambia is in current D22Billion in national Debt.
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There is no god but Allah |
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jambo
3300 Posts |
Posted - 21 Apr 2006 : 10:26:43
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HI THERE, that is mind blowing, do not have a calculator at hand,what is that in pounds, dollars and euros.
how did you find out this out, is it public knowledge |
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Janky
United Kingdom
92 Posts |
Posted - 21 Apr 2006 : 10:48:27
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| If I am right it is 4.75million english pounds, a hell of a lot of money for such a small country. |
Janky |
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jambo
3300 Posts |
Posted - 21 Apr 2006 : 13:34:01
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Lemontime, janky i have to go and lie down in a dark room, gambia would be in a much better place if that money had been spent correctly.
Schools, hospitals, water system, transportation, agriculture.
Does this mean he has a swiss bank account!!, Who did he borrow from. Can any of the debt be written off by the G8. Does the average gambian know any of this |
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 21 Apr 2006 : 13:36:37
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| you right Janky its alot of money and we have to pay interest on top of it.Jambo i read about it on the net and its written on one of the Gambias news papers. |
There is no god but Allah |
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jambo
3300 Posts |
Posted - 21 Apr 2006 : 13:41:12
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| lemontime, can i ask which paper and when, what is the interest rate, how does gambia pay this back |
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taalibeh
Gambia
336 Posts |
Posted - 21 Apr 2006 : 13:42:29
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The former wrestler is squandering the nation's covers for his own gain. It is articles relating to this issue that made him arrest those independent news paper reporters. He inadvertently announced it on tele and now he regrets ever saying so.
He is so dump headed that he has already landed himself in trouble. When he is eventually chained up (this day will surely come) his own statements would serve as evidence against him.
Nothing is more tragic about the Gambia than the emergence of yaya. He is a course for our dare nation.
Since I read his speech last week I have been sickened. Any statement he makes disgraces the whole nation. What an unfortunate event. |
Taalibeh |
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njucks
Gambia
1131 Posts |
Posted - 21 Apr 2006 : 14:05:06
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Jambo, you dont have to go into the dark!!
every country borrows money both internally and externally, i had a good link that had all of gambia's debt but my PC is misbehaving today?
since we dont have money we borrow and this is the debt. some have to be serviced at low interest over 50yrs so cummulatively it sums up, thats all it doesnt necessarily mean its squandered!! internally the government borrows every month through Treasury Bills for example you see it on the Observer (D200m, D300m etc). its the same thing. more or less like having a credit card in the West. some debt have been paid back and others are being paid. some are cancelled like Norway cancelled the debt owed by Gambia.
if you search by country , Gambia below and click ALL for the other fields you will see loans from 1977 to date. many are not known to the public including the old Yundum Airport, old Soma Basse road,the new coastal Road etc
http://www.kuwait-fund.org/e/viewProjects.asp
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 21 Apr 2006 : 14:17:41
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| Jambo are you using typewriter or pc?Any way njucks gave you the answer or do you now want to know who wrote it.laugt |
There is no god but Allah |
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Janky
United Kingdom
92 Posts |
Posted - 21 Apr 2006 : 14:19:57
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Taalibeh, Where can I read Yaya's speech please  |
Janky |
Edited by - Janky on 21 Apr 2006 14:38:00 |
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jambo
3300 Posts |
Posted - 21 Apr 2006 : 14:40:06
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| lemontime, a pc. I did not realise the amount of the debt that is why I asked for more details. I will follow the links, but each piece of news is information that sheds light on gambia. I am sure other people never knew the amount. The debt I understand but did not know the figure. but I am sure some of the money is in some bank account |
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taalibeh
Gambia
336 Posts |
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kondorong
Gambia
4380 Posts |
Posted - 21 Apr 2006 : 19:28:37
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Njuks
It is true every country borrows money but you do not seem to care very much about how our money is used. You seem to only justify the debt. may be you would realise that debts can only be justified if used in the name of the people judiciously
You will agree with me that all the infrastructure works like arch 22, coastal road, airport have not been brought to public tender. I have not seen one. Who decided how much they are worth. Atepa Kujabi milked our monies away to Cassamance.
It was a blanket handshake and so was with CSE. If peole could face commissions for the puchase of ofice tables without three invoices how about the airport which we all know is leaking during the rainy season. You will be suprised to find buckets in the terminal collecting the water drips. It is a joke and some useful information. No tender means no proper supervison and which leads to poor outcome.
I challenge any one to show me the newspaper clips as required by the Finanace Act and rules of the Major Tender Board. By the way there is even a Minor Tender Board to handle lesser amounts. Each child born in the gambia has the highest debt per citizen than any of his contemporaries in West Africa. There was a time when Gambia was blacklisted for loans because of it repercusssion on the recurrent budget. Right now this stands at over 40% going to service debts. Only 55% of the budget is actually spent in the country. Rememebr we have not started servicing all the debts. Some are still in grace period and we will start financing them ver soon taking this percentage even higher.
The airport loan can only be justified if it is not leaking. The design is a mess and they did not consult The Civil Aviation Authorities. The checking area is to cramped that it is diffult to process two aircrafts at the same time. Counters limited whilst the ceiling has beeen raised so hig that lighting is wasted and the ceiling fans hardly noticed to have any effect. The fans are actually fanning the empty space way above our heads.
The arch can only be justified if it can rasie revenue. Right now, as a gambian you do not have the liberty to drive around it beacsue Atepa said it will fall if cars were to drive under it. What a crap for a 10million dollar project that cannot even sustain a small sedan car passing by it. Ther are many ill conceived projects.
There is what is called sustainable development when you study development studies. Development is not about structures which this govt. thinks and that is why Junkung cannot understand why the whole country does not like him.
Farafenni Hospital can only be justified when you can put paracetamol on the shelves. The hospital has no equipment with all the milions spent there. It is a white elephant and so will the one in Bwiam.
The schools can be justified if you can have teachers and even chalk to write on the Blackboard. There are some places i am told where the black boards are instead white so that they can write with charcoal because of chalk problems. I hope this information is wrong. Text books non existent and in some places there are no labs for Biology and chemisrty and Physics. Of what use is the school for medicine if we cannot have a basic science lab in High School. We do not want to graduate Dresser Dispensers. We need real doctors.
Of what use would the televison be if for 36 hours you go without electricity.
Development is linked and has to go along with the absorbtive capacity of its users. This is the missing link policy planners do not understand in the Gambia or choose to ignore. development is integral and must be linked to a comprehensive programme and not projects. Our problem is we have no programmes but only projects.
Unfortunately we have a policy analysis unit under the presidents office but for some reasons chooses to analyse APRC gains than policy impications and charting the way forward.
There are too many anomalies to list.
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“When I despair, I remember that all through history the way of truth and love have always won. There have been tyrants and murderers, and for a time, they can seem invincible, but in the end, they always fall. Think of it--always.” |
Edited by - kondorong on 21 Apr 2006 19:53:31 |
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 21 Apr 2006 : 20:13:26
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| Its very hard to tell the older people in the Gambia about this debt as far as they concern yaya jammeh build new hospitals,school roads.....out of his own pocket,cause that's what he told them in every meeting.suboh huma yaya wagi ahk. |
There is no god but Allah |
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jambo
3300 Posts |
Posted - 21 Apr 2006 : 20:18:44
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| okay so there is debt, but can any of the disapora help to get the debt cancelled. |
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LEMON TIME
Afghanistan
1295 Posts |
Posted - 21 Apr 2006 : 20:39:36
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| HELLO how can any country cancell this DEBT when Yaya is telling everyone that he have billons that his great grand children will benefit from his money.what kind of leader is yaya i personally think that yaya is on cocain or some of his fake Jujus make him so high.Did anyone think that yaya is normal? |
There is no god but Allah |
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