National budget portrays mixed performance of public institutions

The 2012 national budget of The Gambia government has revealed the performance of the government institutions in the country.  Whilst some performed impressively well, delivering good financial results, others performed rather oddly accumulating millions of dalasi in losses and deficit.

According to The Gambia’s 2012 budget, read by the finance minister in December 2011 to the nation from the National Assembly, all but Gambia Radio and Television Services, Asset Management Recovery Corporation, and Gambia Civil Aviation Authority performed well in 2011.

For the year ended December 2010, the audited account of the Gambia Radio and Television Services (GRTS) shows that it recorded a total income of D54.32 million, with total expenditure of D65.92 million resulting in a net loss of D11.57 million.