Dear Readers: The unedited e-mail below came from a source in the heart of the Gambian Government. Regards, Ebrima ________________________________________________________________ >To: [log in to unmask] >Subject: Latin American-Stlye Inflation in The Gambia >Date: Thu, 06 Mar 2003 > >Hi Coach, > >The A(F)PRC Government of Yahya Jammeh has failed the Gambian people >miserably and therefore should resign and make way for a transition >Government of National Unity. There are efforts being made within the >Gambia National Army and other quarters to see to it that there is smooth >transition from the failed A(F)PRC experiment to a real Government of >national Unity that will put things right for early election. In fact, it >is as a result of some movements in the Army at Kanilai and Yundum that >some officers, including a significant number of soldiers, were among those >'arrested' on Tuesday. There are still some rounding up being done by the >head of the Jammeh security detail at kanilai and at State House. > >Back to the inflationary pressures being felt by the Gambian people, NAWEC >has increased its electricity and water rates by an average of 55% with >effect from February. So we were all greeted with massive electricity >bills this month. Where this will end is anybody's guess. One thing I >know is that the rate of inflation in Gambia is unsustainable in terms of >the political and social implications. > >To further aggravate the foreign exchange market, Social Security and >Housing Finance Corporation decided unwisely, I might add, to spending >millions of dalasis to refurbish the hotel selecting Emphorium without even >attempting to go to tender. Well, that's the norm these days in Yahya >Jammeh's Government. No Tender board, No tendering. You select the person >or company you want to do business with and strike the best deal for >yourself... not for the Nation. Anyway, the main problem with this deal is >that Social Security, instead of providing the dalasi equivalent of the >cost of refurbishing the hotel, decided to intervene in the black market >to purchase foreign currency on behalf of Emphorium. This obviously >resulted in a further depreciation of the already-battered dalasi by a >further 15% in a matter of 48 hours. SOMEBODY OUT THERE OUGHT TO TELL >THESE STUPID JAMMEH REGIME HOW NOT TO MANAGE AN ECONOMY. Well, finally, >yesterday the useless Department of Finance finally stopped the illegal >operations of Social Security and this morning the pressure on the dalasi >is slightly less than what it was barely a couple of days ago. _________________________________________________________________ Surf together with new Shared Browsing http://join.msn.com/?page=features/browse&pgmarket=en-gb&XAPID=74&DI=1059 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 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 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~