Current national balance of The Gambia Government is(minus) -$31.69 million worse secrets to follow!

A special review by Hammadi Maasinah
Exactly as we promised Yahya Jammeh here I come with Crack number ONE of the revelations from within his internal circle of decadence and total mismanagement of national coffers!
1-As at now the government's national balance per the REAL budget details shows:MINUS THIRTY ONE POINT XITY NINE MILLION DOLLARS -$31.69 Million USD.This when multiplied by 18 (current exchange rates) gives what in dalasis? It gives D570.42 Million dalasis. Yahya Jammeh's plane uses $70000(seventy thousand USD) for the purchase of kerosene before taking off at any given destination. Now calculate how many times Yahya flies then multiply those figures by the number you have.
 
2- Industrial Production is (minus) -2.3% therefore means it has fallen below freezing point. Now tell me if any serious investment is in Banjul? The answer is yours!
 
3-Reserves of f$119.9 million (31 December 2007 est.)
Debt -xternal:$628.8 million (2003 est.)

 
 If the our national foreign reserves are at $119.9 Million USD whereas our external debt is at $628.8 million tell me where on earth will any serious mind will call Yahya Jammeh a good leader?
The rest of the figures are hereunder for all and sundry to see. These figures are derived from Fact books which are details for public consumption. This is just a starter next I will release more surprising details. Where the whole world will see that Hammadi is really not into this to smear anyone's name it is all about how the Jammeh regime has plunged our country into a total mess.
 
Stay tuned I swear Yahya Jammeh will come to realise that Hammadi is based on determination not jokes or searching cheap popularity neither is this based on mere hatred like what him and his parrots feed on
 
Economy   Gambia, The
Economy - overview:
The Gambia has no confirmed mineral or natural resource deposits and has a limited agricultural base. About 75% of the population depends on crops and livestock for its livelihood. Small-scale manufacturing activity features the processing of peanuts, fish, and hides. Reexport trade normally constitutes a major segment of economic activity, but a 1999 government-imposed preshipment inspection plan, and instability of the Gambian dalasi (currency) have drawn some of the reexport trade away from The Gambia. The Gambia's natural beauty and proximity to Europe has made it one of the larger markets for tourism in West Africa. The government's 1998 seizure of the private peanut firm Alimenta eliminated the largest purchaser of Gambian groundnuts. Despite an announced program to begin privatizing key parastatals, no plans have been made public that would indicate that the government intends to follow through on its promises. Unemployment and underemployment rates remain extremely high; short-run economic progress depends on sustained bilateral and multilateral aid, on responsible government economic management, on continued technical assistance from the IMF and bilateral donors, and on expected growth in the construction sector.
GDP (purchasing power parity):
$1.338 billion (2007 est.)
GDP (official exchange rate):
$379 million (2007 est.)
GDP - real growth rate:
7% (2007 est.)
GDP - per capita (PPP):
$800 (2007 est.)
GDP - composition by sector:
agriculture: 32.8%
industry: 8.7%
services: 58.5% (2007 est.)
Labor force:
400,000 (1996)
Labor force - by occupation:
agriculture: 75%
industry: 19%
services: 6% (1996)
Unemployment rate:
NA%
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: 1.8%
highest 10%: 37% (1998)
Distribution of family income - Gini index:
50.2 (1998)
Inflation rate (consumer prices):
3.5% (2007 est.)
Investment (gross fixed):
27.7% of GDP (2007 est.)
Budget:
revenues: $160.4 million
expenditures: $165.7 million (2007 est.)
Agriculture - products:
rice, millet, sorghum, peanuts, corn, sesame, cassava (tapioca), palm kernels; cattle, sheep, goats
Industries:
processing peanuts, fish, and hides; tourism, beverages, agricultural machinery assembly, woodworking, metalworking, clothing
Industrial production growth rate:
-2.3% (2007 est.)
Electricity - production:
145 million kWh (2005)
Electricity - consumption:
134.9 million kWh (2005)
Electricity - exports:
0 kWh (2005)
Electricity - imports:
0 kWh (2005)
Oil - production:
0 bbl/day (2005 est.)
Oil - consumption:
2,030 bbl/day (2005 est.)
Oil - exports:
41.5 bbl/day (2004)
Oil - imports:
2,050 bbl/day (2004)
Oil - proved reserves:
0 bbl (1 January 2006 est.)
Natural gas - production:
0 cu m (2005 est.)
Natural gas - consumption:
0 cu m (2005 est.)
Natural gas - exports:
0 cu m (2005 est.)
Natural gas - imports:
0 cu m (2005)
Natural gas - proved reserves:
0 cu m (1 January 2006 est.)
Current account balance:
-$31.69 million (2007 est.)
Exports:
$147.7 million f.o.b. (2007 est.)
Exports - commodities:
peanut products, fish, cotton lint, palm kernels, re-exports
Exports - partners:
India 38.6%, UK 15.9%, Indonesia 7.9%, France 7%, Italy 4.6% (2006)
Imports:
$276 million f.o.b. (2007 est.)
Imports - commodities:
foodstuffs, manufactures, fuel, machinery and transport equipment
Imports - partners:
China 25.2%, Senegal 11.3%, Cote d'Ivoire 8.1%, Brazil 6.6%, Netherlands 4.5%, UK 4% (2006)
Economic aid - recipient:
$58.15 million (2005)
Reserves of foreign exchange and gold:
$119.9 million (31 December 2007 est.)
Debt - external:
$628.8 million (2003 est.)
Market value of publicly traded shares:
$NA
Currency (code):
dalasi (GMD)
Exchange rates:
dalasi per US dollar - 27.79 (2007), 28.066 (2006), 28.575 (2005), 30.03 (2004), 27.306 (2003)
Fiscal year:
calendar year
  Communications   Gambia, The
  Transportation   Gambia, The 
Airports:
1 (2007)
Airports - with paved runways:
total: 1
over 3,047 m: 1 (2007)
Roadways:total: 3,742 km
paved: 723 km
unpaved: 3,019 km (2004)
Waterways:390 km (on River Gambia; small ocean-going vessels can reach 190 km) (2006)
Merchant marine:total: 5 ships (1000 GRT or over) 32,064 GRT/9,751 DWT
by type: passenger/cargo 4, petroleum tanker 1
foreign-owned: 1 (Australia 1) (2007)
Ports and terminals:Banjul
  Military   Gambia, The 
Military branches:Gambian National Army (National Guard, GNA), Gambian Navy (GN) (2007)
Military service age and obligation:18 years of age for voluntary military service; no conscription (2001)
Manpower available for military service:males age 18-49: 311,025
females age 18-49: 316,214 (2005 est.)
Manpower fit for military service:males age 18-49: 183,057
females age 18-49: 194,551 (2005 est.)
 
  Transnational Issues   Gambia, The