WHAT IS THE DEBT BURDEN OF THE COUNTRY?

QUESTION OF THE DAY

WHAT IS THE DEBT BURDEN OF THE COUNTRY?

The Domestic debt is 20.7 Billion. The External debt is 23.3 Bllion Dalasis.

Hence each Gambian, even a baby, carries a debt burden of over 24,000 Dalasis.

Is this sustainable? Simply no. We will not reach economic superpower status with such growing indebtedness in the face of celebrations.