Monday, July 22, 2019

HOW WILL GAMBIA BECOME AN ECONOMIC SUPERPOWER WHEN MINING HAS NOT HAD ANY IMPACT!! Approximately 10 Billion Trade Deficit And 3.4 Billion Budget Deficit For 2014

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Yaya Jammeh leadership. An economic super power must have a value added export oriented economy. The Gambia has an import oriented and raw material based economy. It exports very little and imports all its basic needs. Hence the trade deficit for 2014 is above 10 billion dalasis. The budget deficit for 2014 is expected to be 3.4 Billion dalasis. This is not the route to a self reliant economy. It is the route to a heavily indebted poor country. A reconstitution of governance and the economy is needed.]]>

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