Africa-Press – Gambia. <\/strong><\/span>In his State of the Nation Address yesterday, President Adama Barrow appealed to National Assembly members to take advantage of their diverse composition to usher in a new era in Gambian politics and avoid allowing party interest to overshadow their performance.<\/p>\nThe speech, which was delivered in a crowded National Assembly, continued: \u201cThe people\u2019s expectations are high, so you must not allow party interests to overshadow your tenure and performance. In whatever you do, let the interest of the nation come first and also, to deliver, it is imperative that you work along bi-partisan lines to fulfil the people\u2019s aspirations and safeguard the honour of those who chose you to represent them.\u201d<\/p>\n
The president told the NAMs that apart from being legislators, they also have the ambassadorial role of representing the nation at international forums and holding meetings with foreign dignitaries and philanthropists which he said creates opportunities for them to promote national policies and plans and raise funds for national development.<\/p>\n
The address also highlighted government\u2019s performance, derived from the performance of its formal national institution sector by sector, based on major public programmes and projects, legislative issues relevant to the functions of the National Assembly, matters of national significance, and proposed interventions.<\/p>\n
Economy<\/b><\/p>\n
On the economy, the president said despite the significant impact of the Covid-19 pandemic, growth rebounded to 4.5 percent in 2021 and though this growth remained below the pre-pandemic levels, it was still significant.<\/p>\n
\u201cIn 2022, the economy could have been well into recovery, with expectations of improved economic performance, increased grant inflows, and private remittances but unfortunately, it took a different trend, as economies across the globe grapple with the impact of the ongoing Russia-Ukraine war. Consequently, in June, the Government projected a more modest growth of 3.6 percent for 2022,\u201d Barrow said.<\/p>\n
He further disclosed that revenue collection for the first two months of 2022 declined by 14 percent, against the same period in 2021, prompting the government to resolved to formulating robust policies that would set up buffers against shocks and enhance domestic revenue mobilisation.<\/p>\n
\u201cNotwithstanding the challenges, the fourth review of the Extended Credit Facility with the IMF was successfully completed in December 2021. We remain committed to sound economic policy management, as detailed in the Medium Term Economic Fiscal Framework (2022-2026) which is to improve macro-fiscal stability.,\u201d he said.<\/p>\n
The president said The Gambia was among 44 countries that presented their Voluntary National Reviews (VNRs) on the implementation of the Sustainable Development Goals during the High-Level Political Forum held in New York in July 2022.<\/p>\n
\u201cThe Reviews facilitate the sharing of experiences and partners commended The Gambia for the inclusive and participatory nature of its VNR and the policies and strategies being implemented to accelerate the implementation of the 2030 Agenda,\u201d he said.<\/p>\n
Debt<\/b><\/p>\n
The president announced that the country\u2019s total debt service payment in 2021 was D5.01 billion of which D 1.9 billion was External Debt Service payment and D3.1 billion was Domestic Debt Service payment.<\/p>\n
\u201cThe debt service payment increased by 11.1 percent from D 4.5 billion in 2020 to D 5 billion in 2021. There was no Debt Service Suspension Initiative receipt, compared to the preceding year,\u201d he noted. He said the Cabinet has approved the Public Private Partnership (PPP) Bill for tabling.<\/p>\n
State House<\/b><\/p>\n
\u201cIn response to disasters, government supported 1,952 households affected by windstorms, each receiving GMD7, 500 monthly for three months. In view of the COVID pandemic, my administration distributed rice countrywide through NDMA. Furthermore, it disbursed GMD450,000 for rice, oil, sugar, mattresses, and other essential items to support 1,161 Senegalese affected by the Sanyang riot,\u201d President Barrow said.<\/p>\n
Read more in our subsequent editions.<\/b><\/p>\n
For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Omar Bah Africa-Press – Gambia. In his State of the Nation Address yesterday, President Adama Barrow appealed to National Assembly members to take advantage of their diverse composition to usher in a new era in Gambian politics and avoid allowing party interest to overshadow their performance. The speech, which was delivered in a crowded National […]<\/p>\n","protected":false},"author":84,"featured_media":21900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[2355,2361,2569,260,8366],"class_list":{"0":"post-21901","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-all-news","8":"category-head-lines","9":"category-homepage-english","10":"category-policy","11":"tag-africa-press","12":"tag-africa-press-gambia","14":"tag-gambia","15":"tag-partisan-politics"},"yoast_head":"\n
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