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Economy and Finance
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…
Gambia Reports D24.6 Billion Revenue, D27.9 Billion Spending in 2024 Audited Accounts
Professor Pierre Gomez, Minister of Higher Education, Research, Science, and Technology
By Fatou Sillah
The Gambian government presented its audited financial statements for 2024 to the National Assembly on Wednesday,…
Gambia Receives $38 Million IMF Disbursement to Support Growth and Climate Resilience
Bo Li, the IMF’s deputy managing director
By Seedy Jobe
The International Monetary Fund has approved a disbursement of about $38.15 million to The Gambia, providing a fresh infusion of financing as the country posts…