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Finance Minister urges caution

Dec 9, 2010, 12:31 PM | Article By: Lamin B. Darboe

Finance Minister Abdou Colley Tuesday urged deputies at the National Assembly and Gambians in general to be cautious of how we go about planning for the year ahead, stressing that the year 2011 would be a tight budget year.

Colley was speaking at the closing of the sittings of the committee of supplies of the whole house on the 2011 draft budget estimates.

“This is the reason why we have tried to contained and restrict the sectors submissions as much as possible, tried to streamline the available resources and reducing the need for exposure,” he said.

The Finance minister commended members of the National Assembly for the time spent in making the budget document enriching to guide the country’s development process.

“We appreciate all the contributions from both sides of the house. And we apologize to you the members where we were unable to adequately answer your questions,” Colley added.

Colley further urged deputies to read and consider the estimates of revenue, recurrent and development expenditures for the fiscal year 2011 for the betterment of the country.