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Marr Nyang Says 2024 budget needs proper restructuring

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       Team Outpost Marr Nyang, the Executive Director of Gambia Participates (GP) has said that the 2024 draft budget for revenue estimates and expenditure needs proper  restructuring for the growth and management of the economy.  “I guess restructuring our fiscal policies and attitudes, how do we efficiently manage our public funds is something that need to be look at,” he said  In a telephone interview with The Outpost Media on Thursday, he said there is need for the new draft budget to better explain the new projects included in the budget.  “The budget need to be program base, and for the budget to be explaining it's new act. or its new project that is included in the budget. There should be a note detailing the outcome of that project. To know what is the input and to know those that are going to benefit. And how we can impact the economy,” he posited.  He added: “I guess these are the informations that are still lacking in the budget.  These informations will help parliament

Opinion | THE STATE OF THE NATION

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   | Author Shares His Views On The Current Political And Economic Criss Of The Country | By Dembo Badjie The ‘bread and butter’ issue has become the most important factor in the national discourse in recent times. When we hear the people complaining and saying The Gambia is ‘hard’, they are referring to the very high cost of living in almost all aspects of the people's needs. Prices of food commodities whether local produce or imported stuff are beyond the means of the average Gambian. Upholding liberal economic policies in a poor country like the Gambia can neither be realistic nor good economics. It is acknowledged that the high cost of living is due to the high rates of foreign exchange needed to import essential commodities into the country. The global economic downturn has contributed to the harsh economic realities many nations are faced with and The Gambia is no exception. However, the state cannot seem to be helpless in this situation.  The masses of the people cannot

Forbes named Fatou Bensouda Among 100 Influence Women

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    Team Outpost Forbes a global media company, focusing on business, investing, technology, entrepreneurship, leadership and lifestyle has recently named Fatou Bensouda among the 100 most influential African women.                      Early Life And Education  Born on 31 January 1961 in Banjul (then Bathurst), Gambia, into a polygamous Muslim family, she is the daughter of Omar Gaye Nyang, who was a government driver and the country's most prominent wrestling promoter.  Fatou Bensouda is the niece of the Gambian historian and author Alieu Ebrima Cham Joof. Her father is related to the Joof family through his maternal grandmother Ndombuur Joof (Alieu Ebrima Cham Joof's great-aunt).  She attended primary and secondary school in the Gambia before leaving in 1982 for Nigeria, where she graduated from the University of Ife with a Bachelor of Laws (Hons) degree in 1986.  The following year, she obtained her professional qualification as a barrister-at-law from the Nigeria Law Schoo

Column | A Continent Of A Billion & Half People In Search Of A Development Model

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                                                                          Au @60? By Almamy Fanding Taal       The lasting legacy of the Berlin Conference that partitioned Africa in 1864 is the foolish acquiescence of African leaders in maintaining the artificial borders that Europeans created for Africans. When Dr. Kwame Nkrumah shared his vision of a Continental Union Government of Africa in 1963, there were no obvious models for the leaders assembled in Addis Ababa to look at. The closest model for the leaders to consider was the USA, also a post colonial nation which started its experiment in self Government with 13 colonies predominantly on the east coast of the USA. For whatever reasons this model was not appealing to the assembled leaders, so despite Nkrumah's visionary eloquence for an African Unity Government the leaders chose to settle for an Organization that has been talking about unity for 60 years and has firm plans to continue talking about African Unity for another

Alagie Barrow Calls for comprehensive approach to eradicate ‘back way menaces’

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Team Outpost Alagie Said Barrow, former TRRC Investigator has called on the government of President Adama Barrow to take a comprehensive approach to eradicate the back way menaces in the country. “Addresing the back way issue requires a comprehensive approach that goes beyond merely passing strict laws. Conduct some form of root analysis, identify possible solutions, draw up a strategy or strategies, and implement the strategy and monitor progress; while holding staff accountable,” he posited.  Speaking to West Coast Radio popular Coffee Time Show with Peter Gomez on Tuesday,Alagie Saidy Barrow responded to President Barrow's declaration on migrant smugglers, saying passing stricter laws is akin to ‘treating the rashes and ignoring the leprosy’. He continued: “The laws may help, but it will not help the root causes. And from a national security standpoint, I urge the government to study the correlation between countries with an active youth population like ours and social unrest in

Gambians reacts to 2024 budget, others

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By Sheriff Saidykhan Gambians have reacted to the 2024 draft budget submitted by the Finance Minister and Economic Affairs, Seedy Keita few weeks ago at the National Assembly.  Speaking to West Coast Radio popular Coffee Time show with Peters Gomez on Tuesday, Alagie Saidy Barrow, former TRRC investigator said the country's dependence on foreign support has hindered the economy of the country.  The continued dependence on aid he said, will always put a setback for the development of the country.  “How can this country get to its potential when it is relying on corrosive institutions like the IMF and World Bank to survive.  As long as Gambians continue to rely on the World Bank and the IMF. And as long as Gambians insists on borrowing or begging from others we will always remain behind those that run these institutions and countries we begged and borrow from.  You do not need an economic degree to know that begging and borrowing is not a development model,” he said Karamba Touray, a

2024 Budget: Keita Calls for fiscal discipline through economic management

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  By Sheriff Saidykhan The Minister of Finance and Economic Affairs Hon. Seedy Keita  has called for fiscal discipline through economic management across various ministries in the country.  He made these remarks on Thursday in an interview with Peter Gomez on Coffee Time show. “You do not have to entertain an expenditure push simply for the sheer objective of saying yes, I am given in what the agencies required.  But you have to make sure you do it in a financial sustainable way. So, this calls for fiscal discipline. And that fiscal discipline is the anchor of budget execution.  Even in the course of implementing the budget, you look at every month how much you can within the approve budget- and how much budget has come by that you can actually spend without bloating the expenditure,” he said. A week after presenting his estimates of revenue for 2024 at the National Assembly, Minster Keita added that the objective of any fiscal budget is to ensure that you do not spend beyond your mean