Economy and Finance

President Adama Barrow will travel to the Kingdom of Saudi Arabia to attend the 14th Session of the Summit of Heads of State and Government of the Organization of Islamic Cooperation. According to a statement from the presidency, Barrow…

Regional experts have on Monday began a convergence at Kairaba Beach Hotel to discuss the operationalization of the ECOWAS Regional Competition Authority (ERCA). Gambia’s trade minister, Lamin Jobe, has hailed the significance of a…

In a brief ceremony at State House on Thursday, the Turkish Cooperation and Coordination Agency (TİKA) has donated food items to needy Gambians. The development agency made the donation through Fatou Bah Barrow Foundation. One of the…

The first elected Mayoress of Banjul, Rohey Malick Lowe, has claimed she has no knowledge of the ongoing road construction happening in Banjul. The project which is being done by Gai Enterprise is pre-financed by the company, according…

The outgoing country director of the World Bank has described Gambia’s economic outlook as “promising” as projection for growth reaches 6%. Ms Louise Cord made the statement as he met President Adama Barrow on Wednesday, May 22. The…

Press Release State House, 21th May 2019 – His Excellency, President Adama Barrow has hailed the National Disaster Management Agency and partners for rolling out a novel disaster and emergency alert system in The Gambia. According to the…

The debt to GDP ratio of Gambia is 88%. This was after the country recalculated its GDP which expanded pushing the debt to GDP ratio down by 48%.     The International Monetary Fund is leading efforts to help Gambia reach a debt relief…

The Ministry of Finance and Economic Affairs wishes to inform the public that contrary to widespread allegations and confusion surrounding the new excise rates on alcoholic beverages, the tax is in fact, part of the 2019 Budget…

State House, 13th May 2019 – His Excellency, President Adama Barrow told a high ranking delegation from the International Monetary Fund (IMF) that economic development is meaningless without real impact on the lives of ordinary people. He…

Government is currently reviewing its policy that was intended to reduce its fleet of vehicles enabling them to save up to D300 million a year, said finance minister Mambury Njie. The “vehicle policy” as it is being called has been…