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'Gambia Spends D480 Million On Debt Annually'
The Independent (Banjul) August 19, 2002
S.b. Camara Banjul Honourable Sedia Jatta National Assembly Member for Wuli West has disclosed that The Gambia spends up to 480 million Gambian Dalasi ($22.8 m) annually on debt servicing.
According to Honourable Jatta this figure, represents more than a third of our national budget, and more than the budget for education, health and agriculture put together. 'The budget for these three important sectors is less than what we are putting on debt. How can we hope to wipe out the darkness of illiteracy in such circumstances?
Democracy cannot be fostered and promoted in Africa without the African mind' he said, while deliberating on illiteracy and democracy in a conference on democracy in Africa. Honourable Jatta pointed out that although Africa is one of the richest, if not the richest continent in the world, paradoxically her people are rated among the poorest in the world.
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