Mawdo,
I agree with u and lie that a full report will help digest her claims. At
the same time, most of the questions are asking are answered in the text...
For crisis, she is referring to the global financial crisis. I believe she
is comparing Gambias performance against average growth in Africa, which
was in a just released global outlook by the fund.
I don't think she measured Gdp herself. Her numbers must be from gbos,
which is the official entity responsible for compiling national statistics.

As to to who is better off, that is relative. However, holding all other
factors constant, one can safely argue that the livelihood of Gambians did
indeed improve under Babilli mansa. One case in point in the improvement of
our livelihood is the bridge that connects the other bank to your al ma
Mata. Again, the caveat here is "holding all other factors constant". I
concur with both u and laye that a full report would help


On Tuesday, July 17, 2012, Demba Baldeh <[log in to unmask]> wrote:
> Laye,
>
> I couldn't agree more with inconsistencies and lack of substance and
facts on the summary of this report or at least how it is reported in this
article... Need to lay hands on the actual report for better assessment..
>
> I am however baffled with the some of the statements Ms Songwe is quoted
on. First she stated "“This is consistent with performance of the African
continent post-crisis where, for first the time after a crisis, Africa was
able to rebound quickly and today is the fastest growing continent,”
>
> Now when was Gambia in crisis?  what does she meant by crisis, conflict,
war, farmine or what? What bench marks have she used to measure Gambia's
economic progress? Against US, Senegal or which African country?
>
> "Poverty in The Gambia has dropped significantly because of the good
growth in the last few years". My question to honorable Ms... Which class
of Gambians have poverty dropped?  The ruling class? The business class? or
the Gambian Diaspora class?
>
> "However, we know that poverty in the rural areas is over 60%, which
remains high". Over 60%? you kidding me right? What is your measure against
what group?  This figure is probably in the 90% to be close as hardly
anybody or family can affort a bag of rice or sugar without help from their
sons and daughters in the Diaspora. What is the source of income of rural
population? Farming is almost nonexistence for the past several years. What
is their source of income that improves their standard of living?
>
> Besides, why didn't she give us the actual figures? What is the
unemployment in the Gambia? What is the inflation rate? What measures have
she used in measuring GDP?
>
> These mediocre  IMF, World Bank or what agency officials who are only out
to make themselves look good are simply misrepresenting the realities of
the African people on the group. Their standard of measure does not comform
to the reality of the everyday African... Year after year we get these
positive reports but at the same time year after year the people are
claiming more poverty and the governments go around begging for food. Which
is which? You are either growing or not and stop fooling the people...
>
> Thanks for sharing Cherno but you know better... Will look for the actual
report but am sure it is not any better than what has been summarized.
>
> Demba
>
>
>
>
>
> On Tue, Jul 17, 2012 at 4:54 AM, C. Omar Kebbeh <[log in to unmask]>
wrote:
>>
>> Gambia economy shows strong growth performance
>>
>> Africa » Gambia
>> Tuesday, July 17, 2012
>>
>> The World Bank country director for The Gambia, Senegal, Cape Verde,
Guinea Bissau, and Mauritania has confirmed that the Gambia economy has
shown strong growth performance in recent years and was sufficiently
resilient during the global financial crisis of 2008.
>>
>> Vera Songwe was speaking at the opening ceremony of a two-day government
Resource Mobilisation and Investment Conference on the country's
Accelerated Growth and Employment (PAGE). She said that the average annual
GDP growth rate was about 6% between 2005-2010. “This is consistent with
performance of the African continent post-crisis where, for first the time
after a crisis, Africa was able to rebound quickly and today is the fastest
growing continent,” she stated.
>>
>> She explained that the main reason for this good performance was strong
macroeconomic performance and that The Gambia must be congratulated for
this. She however noted that the 2011 drought has severely undermined
agriculture sector growth and overall growth, while adding that growth is
estimated to have dropped to 3% in 2011 and is expected to fall further in
2012.
>>
>> She continued: “This will have an impact on poverty. Poverty in The
Gambia has dropped significantly because of the good growth in the last few
years. However, we know that poverty in the rural areas is over 60%, which
remains high. Therefore, we must continue to focus on the importance of the
quality and inclusiveness of growth for poverty reduction.”
>>
>> The WB regional representative hailed the PAGE and stated that the
issues are well developed in it, while congratulating the government on the
progress made. She said that the PAGE builds on the PRSP and incorporates
lessons learned from its implementation.
>>
>> “As an investment framework, it has broken with tradition of previous
national strategy frameworks for resource mobilisation, by putting more
emphasis on private sector participation. It is not only bilateral and
multilateral development partners that are targeted, but also greater
private sector involvement,” she further stated.
>>
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