WHAT IS THE DEBT BURDEN OF THE COUNTRY?

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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.