Gambia: The 2015 Estimates of Revenue and Expenditure Scraping the Back of the People to Pay Debts

The Minister of Finance and Economic Affairs laid down the Estimates of Revenue and Expenditure for The Gambia in the year 2015 before the National Assembly on Monday 1 December 2015. This is in accordance with section 152 of the constitution which states that "The President shall cause the Secretary of State responsible for finance to prepare and lay before the National Assembly at least thirty days before the end of the financial year, estimates of the revenue and expenditure of The Gambia for the following financial year. The estimates shall include any estimates which, under this Constitution, are to be submitted directly to the President by the Chief Justice or any other authority for presentation by the President to the National Assembly."

In his statement in laying the estimates before the National Assembly, the Minister of Finance revealed that revenue for 2015 will increase by 31 percent to 11,197 million dalasis for which a 25 percent rise in tax revenue will play a major role. This means squeezing more money from the people in the form of taxation, whether directly or indirectly.

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