The G8 has started concretising their plan towards Africa.If compared to the past AT LEAST this one is already ongoing. On the other hand as Gambians,It is interesting to see that good governance and the fight against corruption are high on the agenda.Thats why its always dangerous for plans to be based on personal vendetta,whims and caprices,dreams and pronouncements from oracles.We as Gambians must be very careful because under Jammeh we may always be experiencing what is locally called.."Nyakka deese nyakka lestek" when playing the mariage cards.
Diplomats from G8 countries in Banjul and neighbouring Dakar have indeed been witnessing the whole drama as far as OPERATION NO COMPROMISE is concerned.They had also seen the IMF press release on The Gambia a year or so ago.This release was directly accusing the Jammeh gvt  of misinformation,coverups and other dirty tricks.They have also been witnessing the panic which followed the press release, ie:-the Paul Commission,the fall of Baba Jobe,the incarceration of Lang Conteh,the death of Deyda as an outspoken journalist,the arrests of Musa Jammeh,Sgt Baldeh,ASP Ebrima Camara others and others who were accused of stealing what? cows and rice?
Operation no compromise was on and on and on.Some naive souls were hooked up by that silly show.Wow! scienctific predictions do really pay during Yahya Jammeh's era.

Now lets recieve the results from Jammeh as the days go by.
Some of the results:

1/13 Badjie(a seasoned police officer  is out as IG)-Sonko(A seasoned soldier is in as IG)
Was this meant to change or cover up the real killers in Banjul?

2/Hydara is out as AG-Raymond Sock is in..
At the AG chambers  files containing information which could be of good  use to people investigating some gvt activities are missing. A Gambian paper wrote a story on that a week or so ago.

3/Dept of State for Agriculture taken away from Mboop by Yahya, the head of operation no compromise,now it is back to Yankuba Touray who was accused of stealing 2.4 million dalasis( theft on the main stream) while other accusations against him and his wife were lingering in the rumour machine.

4/Edward Singhatey being dragged closer and closer to the chopping board.
We shall all see to what extent this will go,Yahya knows Edu and Edu also knows Yahya.
Thats why people like me never believed in these cheap shots trying to sell the idea that peace is near.The whole thing was a show.Real trouble is brewing in Banjul, its sad to say but thats the fact folks.These are no cheap predictions they are facts.

Now read the following press release or punlication on the G8's decision and tell us if we are so optimistic to get our debt erased under Jammeh?
Yankuba is back,Lang jailed for only a year,Baba may be out very soon, the architect of Deyda's death is still not known.Should we blame the G8 if The Gambia is skipped for now?


G8 Agrees to Debt Relief for Poor Nations
By ED JOHNSON, Associated Press Writer 51 minutes ago



LONDON - Finance ministers from the Group of Eight industrialized nations agreed Saturday to a historic deal canceling at least $40 billion worth of debt owed by the world's poorest nations.
Britain Treasury chief Gordon Brown said 18 countries, many in sub-Saharan Africa, will benefit immediately from the deal to scrap 100 percent of the debt they owe to the

International Monetary Fund and the African Development Bank.

As many as 20 other countries could be eligible if they meet strict targets for good governance and tackling corruption, leading to a total debt relief package of more than $55 billion.

"The G8 finance ministers have agreed to 100 percent debt cancellation for Heavily Indebted Poor Countries," Brown told a news conference in London.

Aid agencies and African nations welcomed the deal, saying it would save the 18 countries a total of $1.5 billion a year in debt repayments.

"We can expand health and education services with this relief," said Daudi Balali, the governor of Tanzania's central bank. "We will also be able to expand our infrastructure."

Finance ministers from the United States, Britain, Japan, Canada, Russia, Germany, Italy and France agreed to the package during a two-day summit in London.

"A real milestone has been reached," U.S. Treasury Secretary John Snow said. " President Bush's commitment to lift the crushing debt burden on the world's poorest countries has been achieved. This is an achievement of historic proportions."

Nations in sub-Saharan Africa alone owe some $68 billion to international bodies. Rich nations had long agreed the debt must be relieved, but the international community could not agree on a formula for tackling the problem.

The package agreed to Saturday was put forward by the United States and Britain following talks in Washington last week between Bush and British Prime Minister Tony Blair.

Britain originally wanted rich countries to assume the repayments for the poor countries but eventually agreed with the U.S. position that the debts be scrapped outright.

Bush also made a significant concession, agreeing that rich nations would provide extra money to the multilateral bodies to compensate for those assets being written off and would ensure that future aid packages would not be affected.

The United States will pay between $1.3 billion and $1.75 billion during the next 10 years to fund the debt relief package, while Britain will pay $700 million-$960 million, Brown said.

Germany would pay $848 million-$1.2 billion to offset future lost repayments to the World Bank and the African Development Bank, German officials said.

Brown said the write-off of debts owed to the IMF would be funded from existing IMF resources, appearing to rule out the sale or revaluation of IMF gold reserves to fund the debt relief.The agreement will initially cover 18 nations eligible for debt relief under the HIPC initiative, including Benin, Bolivia, Burkina Faso, Ethiopia, Ghana, Guyana and Mali.

Another nine countries are close to completing the targets for good governance set out under the initiative and would then qualify.A total of 38 countries are participating in the HIPC program, launched by the World Bank and IMF in 1996.

"This is a great deal for people in many of the very poorest countries, it reflects well on (Britain's Treasury chief) Gordon Brown and (U.S. Treasury Secretary) John Snow and is a tribute to the growing global campaigns to beat poverty," said Jamie Drummond, executive director of DATA, the organization founded by U2 singer Bono.
"This bold step builds serious momentum for a historic breakthrough on doubling effective aid and trade justice at the G8 summit next month."
The Jubilee Debt Campaign called for further action and said at least 62 countries needed 100 percent of their debts canceled to meet the U.N. Millennium Development Goals of reducing poverty, hunger and disease affecting billions of people by 2015.
Britain has made tackling poverty in Africa and the developing world a priority for its G8 presidency. Blair's approach is three-pronged: increasing aid; eliminating debt; and removing export subsidies and other trade barriers that make it difficult for developing nations to compete. Aid agencies say the G8 leaders must now focus on meeting Britain's target of boosting international development aid by $50 billion a year.
Some question whether agreement on that will be reached at the July 6-8 G8 summit in Gleneagles, Scotland.
The United States and Japan both reject a British proposal to raise that money by selling bonds on the world capital markets — the International Finance Initiative.
Like the United States, Japan prefers its own bilateral aid programs, and France is pushing its own initiative — an international aviation tax.








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