Malanding
Your studies on the Gambia define the Gambia Climate Change Adaptation Policy. Gambia is vulnearable to se alevel rise ad your study was able to give a detail picture using ARCGIS to designate administrative area in the Gambia potential for sea level rise. A similar study about land use and land cover land definite demographic pressure in Western Gambia and its correlation to vegetatative cover. Your interview with Gainako dialect a lot about climate change and its impact but your policy doesnot go far and was limited to green politics of solar energy as a solution to our national policy dynamic.
Malanding your studies about population nexus of land use change has a link to bio-physiciological including its pressures on hydrology and its its link with blue and green water. Its implication the demand and wthdrawal of ground water table and how that withdrawal is impacting on the fresh and salt water imbalance. The anthropohenic land use and land cover change is impacting the flow of salt water in the River Gambia. Gambia River development is the blood of  agrarian/ industrial economic development of our economic. With climate change/ sea level rise we should look into decentralise planning for its development. Conservation groups only look into NIOLOBA PARK  but yet its environmental impact could be mitigate. Neo-liberal nature of funding big environmental problem is constraint by lmperial nature and world bank and corporate conservation groups and their hegemonic power is alway a classic discourse in political ecology.
I am really disappointed and your interview negate hydropoer development to meet our growing demand for energy and irrigation. Lot more studis indicate that potential. Hydro-politics of Gambia River should be a issues for us to debate. Senegal have got their back of the deal now that Africab Development Bank is funding the bridge for them to have easy access to the south of their enclave region. What is backing of the deal for energy and irrigation development under OMVG? iF THEY AGREE WITH THAT OF RIVER SENEGAL WHILE NOT RIVER GAMBIA? 
Malanding this is an issue which the academia cannot be muted. There are lot of studies indictive of why things are not working in the framework of OMVG agreement. Hydropower development should be part of our framework of clean energy development and partnership for both sub-regional political and economic cooperation.

 



Date: Wed, 6 Feb 2013 10:50:19 -0500
From: [log in to unmask]
Subject: Re: The Point - Please dig a little deeper next time
To: [log in to unmask]


Mbitang Abdoukarim,
This is one place  the famous proverb, "brevity is the Soul of Wit" would not apply. I am sure you will make a better case should you elaborate.

Malanding Jaiteh 

On 2/6/2013 9:57 AM, abdoukarim sanneh wrote:




Malanding
Following your comment and shortsight interview with Gainako and not a true reflection out country with energy policy and with climate change discourse. Your interview negate about hydro-energy potential of Gambia River Basin. You talk about solar energy loo=liberal nature politicsot more which even the energy debate is a research issues and economic. University of Michigan research about hydro-energy postential is well documented. Conservation politics from International Union of Nature of Nature Conservation and neoliberal nature and its funding dynamics and nationalistic politics of Senegal should have been a sense of reading to you and shaping your academic debate. Your research on GIS AND ITS SOCIAL ECONOMIC IMPLICATION build national climate change adaptation. The document of which has its development implementation deficit. 



Date: Tue, 5 Feb 2013 10:19:45 -0500
From: [log in to unmask]
Subject: The Point - Please dig a little deeper next time
To: [log in to unmask]

Unusual request to The Point editor. Most of us did not take economics in college and have no clue what this verbiage is about.  

I wish the paper had found answers to some of these questions before going to press.
1. Economy grew a modest 4.0 (2012) down from 4.3% in 2011. On Jan 17th this paper reported Gambia's GDP among the fastest growers- quoting The Economist. Why are these two statements so different? An opportunity for CBG input
2. What is "output would expand by 10.0 percent in 2013"? What output? What does "output expansion" mean in terms of the GDP growth?
3. Dalasi depreciating against all currency. Did they say why? 
4. “Total revenue and grants increased to D6.5 billion (22.5 percent of GDP) or 15.7 percent from 2011. .." Did they say what proportion is  grants and what proportion revenue?
5. "The pace of monetary expansion, the CBG added, moderated in line with expectations, while monetary supply grew by 7.8 percent in 2012 compared to 11.0 percent in 2011 and the target of 8.5 percent."  Simply put what does this mean?  What do they mean by: monetary expansion moderated, while monetary supply grew?


I thank them for their service.

Malanding Jaiteh

Central Bank on developments in Gambian economy
africa » gambia


Tuesday, February 05, 2013
Real Gross Domestic Product (GDP) of the Gambian economy is estimated to have grown by 4.0 percent in 2012 following a contraction of 4.3 percent in 2011, a press release from the Monetary Policy Committee of the Central Bank of The Gambia has said.
The release, issued Monday at a press conference held at the Central Bank in Banjul, said preliminary projections indicate that output would expand by 10.0 percent in 2013 premised on strong growth of agriculture and tourism.
The Monetary Policy Committee however said that the Dalasi weakened against all major international currencies traded in the foreign exchange market. 
“Year-on-year to end-December 2012, the Dalasi depreciated against the US Dollar by 11.6 percent, Pound Sterling by 18.0 percent and Euro by 11.5 percent,” the CBG stated.
According to the Committee, preliminary estimates of government fiscal operations in 2012 showed a lower deficit (including grants) of 4.4 percent of GDP compared to 4.6 percent of GDP in 2011. 
“Total revenue and grants increased to D6.5 billion (22.5 percent of GDP) or 15.7 percent from 2011. Government expenditure and net lending also rose to D7.7 billion (26.9 percent of GDP), or 13.6 percent from 2011,” it added.
The CBG Monetary Policy Committee said further that end-period inflation, measured by the National Consumer Price Index (NCPI), increased slightly to 4.9 percent in December 2012 from 4.4 percent in December 2011. Average inflation (12-month moving average) was 4.5 percent compared to 5.4 percent a year earlier, it stated.
The pace of monetary expansion, the CBG added, moderated in line with expectations, while monetary supply grew by 7.8 percent in 2012 compared to 11.0 percent in 2011 and the target of 8.5 percent.
It further stated that reserve money, the Bank’s operating target, rose by 6.8 percent compared to 15.6 percent in 2011. Reserve money was projected to grow by 5.8 percent in 2012.
The Committee further indicated that in order to ensure effective transmission of monetary policy, it is essential to continue strengthening the resilience of banks. 
Bank soundness, it went on, is also critical to protect depositors and other creditors, as well as ensuring an appropriate provision of credit to the economy.
“The banking industry remains fundamentally sound. The industry’s capital and reserves increased to D3.06 billion in December 2012 compared to D2.63 billion in 2011 mainly an account of capital injection totaling D392.4 million,” it said.
The Central Bank Monetary Policy Committee also revealed that the average risk-weighted capital adequacy ratio also increased to 33.0 percent compared to 25.1 percent in 2011 and the minimum requirement of 10 percent. 
Inflation Outlook
The Monetary Policy Committee further stated that inflation is forecast to remain in single digit consistent with the pace of monetary expansion. 
“The MPC, however, assesses the balance of risks to the inflation outlook to be on the upside given heightened inflationary expectations,” it added.
Decision
In light of these developments, the MPC is of the view that the current monetary policy stance is appropriate and has therefore decided to leave the Rediscount rate, the Bank’s policy rate, unchanged at 12.0 percent. 
However, the Committee said it would continue to monitor price developments and to take action consistent with its mandate to keep inflation low and non-volatile.

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