Browsing Category
Economy and Finance
Finance Minister Says Government Spent D7.23 Billion on Subsidies and Transfers in 2025
Hon. Seedy Keita, Minister of Finance and Economic Affairs
By Fatou Sillah
The Minister of Finance and Economic Affairs, Seedy Keita, on Monday told the National Assembly that the government spent D7.23 billion on subsidies and…
Gambia Posts D1.68 Billion Surplus in 2025 Budget, Finance Minister Says
Seedy Keita, Minister of Finance & Economic Affairs
By Fatou Sillah
The Gambia recorded a D1.68 billion surplus in its 2025 national budget, significantly exceeding the government’s initial fiscal target, Finance and Economic…
Gambia Faces Mounting Debt Burden as Finance Minister Flags Servicing Challenges
Finance and Economic Affairs Minister Seedy Keita
By Fatou Sillah
Gambia’s rising public debt is emerging as a central challenge for the government, with Finance Minister Seedy Keita describing debt servicing as “the elephant in the…
Employment Minister Defends Government’s 150,000 Job Creation Pledge, Cites Economic Growth
Mod K. Ceesay, Minister of Trade, Regional Integration and Employment
By Makutu Manneh
The Minister of Trade, Regional Integration and Employment, Mod K. Ceesay, has defended the government’s commitment to create 150,000 jobs for…
Central Bank of The Gambia Cuts Benchmark Rate by 2 Percentage Points to 14%
Buah Saidy, Governor of the Central Bank of the Gambia
By Seedy Jobe
The Central Bank of The Gambia on Thursday lowered its benchmark interest rate by 2 percentage points, to 14 percent, signaling a shift toward monetary easing as…
CBG Governor Confirms Mega Bank Sold for $15.25 Million
Buah Saidy, Governor of the Central Bank of the Gambia
By Fatou Sillah
The Governor of the Central Bank of The Gambia (CBG) has confirmed that Mega Bank was sold for US$15.25 million to KM Holdings, while D650 million in government…
Gambia’s Diaspora Remittances Reach $872 Million, Representing Nearly a Third of GDP
Ida Faye
By Makutu Manneh
Remittances from Gambians living abroad have surged to approximately $872 million in 2025, accounting for more than 30 percent of the country’s gross domestic product, officials said on Saturday.
Ida…
CBMT Holds Dialogue on Strengthening Transparency and Accountability in Public Development Projects
By Seedy Jobe
The Center for Budget and Macroeconomic Transparency (CBMT) on Monday, January 5, 2026, convened a day-long dialogue aimed at advancing transparency and accountability in public development projects. The event was held…
Trade Minister Rules Out Lifting Cement Tariffs, Citing Need to Protect Local Industry
Mod K. Ceesay. Minister of Trade, Industry, Regional Integration, and Employment,
By Fatou Sillah
The Minister of Trade, Industry, Regional Integration, and Employment, Mod K. Ceesay, said on Tuesday that the government would not…
Supreme Court Rules Finance Minister Breached Constitution on 2025 Budget Deadline
Seedy Keita, Finance Minister
The Supreme Court of The Gambia has ruled that the Minister of Finance and Economic Affairs violated the Constitution when he failed to present the government’s 2025 budget estimates within the time…