Binneh,
Thanks for the info. Keep them coming!

Elhadj.


----- Original Message -----
From: "Binneh Minteh" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Saturday, February 28, 2004 10:40 PM
Subject: WORLD BANK REPORT NO.25436-GAMBIA-WHY INVESTORS ARE ARE SCARED!


> WORLD BANK REPORT NO.25436-GAMBIA-WHY INVESTORS ARE ARE SCARED!
>
> OPTV is back again and this time we want to authenticate our postings on
> the Alimenta case and protecting other potential investors by quoting from
> a world bank report as cited on the  above topic.
>
> Risks and Mitigation...
>
> Article 97(Page 30)-"The Gambia faces continual risks a small economy
> based on primary products and subject to irregular rains.This risk can
> only be addressed by trying to make the economy as robust and diversified
> as possible,
> which requires good governance,an attractive investment climate and good
> management of public resources.These are objectives of the CAS,but there
> are internal risks which could affect its success".
>
> OPTV'S version:See the underlined part and tell us if that suits a system
> that left the head of the forex dept at the central bank to release our
> reserves thus compete those pulloh futas at the Serekunda black market(
> Cambio wechel schemes for years!!!),then see YDE evading customs duties
> from 1994,then those returns that YDE was receiving helped maintain the
> NEW millenium,the so-called president's aricraft,then the  hiring of jets
> and then buying bottles of peppper for D3000.00?
> The world bank after hearing about mad Yahya's so-called Allah's bank gave
> him a long rope to hang is shameless neck in public!
> Allah's wrath never misses those who attempt using his name in a fake way!
> Where is Sadam Hussein he even used Allah's name on his flag and then he
> was dancing with girls in his palaces! Allah has helped the US soldiers
> arrest Sadam and they pulled him out of a spider hole.Well where was Mad
> Yahya when these things were taking place from 1994 to date? Kuru
> Konjira,Tarik Musa and Baba Jobe are vomiiting everything in the open!
>
>
> Article 98(page 30)...
>
> "The Principal risk for the implimentation of effectiveness of CAS is the
> Government's willingness(?) to pursue reform in a sustainable and
> consistent manner..."
>
> OPTV'S version: Look at that! if this not a disgrace then what is? The
> world bank was wooried because they knew that the words that they heard
> from a thief's mouth were not going to catch other thieves in all honesty.
>
> "This could affect the Gvt's ability to maintain a stable macro
> environment and focus expenditures on the priority sectors identified in
> the PRSP..,"
>
> OPTV'S version:Is this not a clear indication that shows why our mad man
> was panicked and then is trying hard to use others as scape goats?
> According to some policiy analysts that OPTV meets and talk to within the
> world and IMF premises such  remarks are sent to gvts that have been
> involved in very deep corruption scandals.From top to bottom!
> The world bank experts know that cleaning such systems involves a lot of
> political risks!
>
> "As explained above there are significant weaknesses in the process of
> budget formulation,execution and reporting.Fiscal deficits grew again in
> 2002,yet despite increased expenditures,the funding of priority sectors
> has not been as strong in recent years as pojected. The gvt must thus keep
> fiscal control in an environement of falling trade revenues and increasing
> expenditure demands stemming from the PRSP. IDA will be providing
> technical assistance to strengthen expenditure controls and monitoring
> along with the IMF and DFID.The bank will prepare with DFID a CFAA
> (FYO3),which will further define the agenda for reform in these areas.The
> CFAA will be followed by a PER(FY04) and a CPAR(FY05).
>
> OPTV'S version...Gambians can read the above and the tell us where the
> good performance of our so-called gvt has been mentioned in all honesty!
> The world bank has refined diplomats and sound economists who use cleaned
> langauge however,the one above could be hidden.It is plain.Here we can see
> the lackeys and cronies tell us that Gambia is to compete for MCA-
> Millenium Challenge Account.Is the above report promising for people who
> want to start a race that  will last for 1,996 years from now?!
> MCA and AGOA are linked to politics but there are other economic factors
> that cannot be helped without the necessary condiments!
> Mad Yahya makes OPTV laugh aloud and he will certainly know that the
> hidden forces cannot be handled by his cronies.
> In our next postings we will analyse article 19 of the same paper.That one
> is full of pieces that will cause serious depression for Gambian who
> really care for their country.
>
> Binneh S Minteh
> New York University
>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> To Search in the Gambia-L archives, go to:
http://maelstrom.stjohns.edu/CGI/wa.exe?S1=gambia-l
> To contact the List Management, please send an e-mail to:
> [log in to unmask]
>
> To unsubscribe/subscribe or view archives of postings, go to the Gambia-L
Web interface
> at: http://maelstrom.stjohns.edu/archives/gambia-l.html
>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To Search in the Gambia-L archives, go to: http://maelstrom.stjohns.edu/CGI/wa.exe?S1=gambia-l
To contact the List Management, please send an e-mail to:
[log in to unmask]

To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface
at: http://maelstrom.stjohns.edu/archives/gambia-l.html

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~