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Labrish
Nyuuz
Lawmakers grill Finance Ministry on D1.1bn bus deal
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[QUOTE="Munyaradzi Mafaro, post: 75813, member: 636"] Gambian lawmakers grilled the finance ministry about Social Security dropping roughly 1.1 billion dalasi on 70 buses for GTSC through some company called TK Export, and legislators wanted receipts on whether this counted as a government loan or just a straight purchase. The minister said the Executive branch ordered the deal while Social Security handled the transaction, with GTSC revenue covering part of the tab and taxpayer subsidies picking up the rest. Budget support became another talking point when the minister revealed project grants hit 5.56 billion dalasi by mid-year, while regular budget support was still pending, though the World Bank signed off, and EU funding sat in advanced processing stages. The IMF staff agreement for the Extended Credit Facility needs board approval, but officials expect all funding to land before the year's end. [/QUOTE]
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Labrish
Nyuuz
Lawmakers grill Finance Ministry on D1.1bn bus deal
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