The lack of uniformity in penalties and reported absence of official receipt for unlawful parking has brought the traffic police under severe criticism for perceived corruption. The maximum fine for unauthorized parking of vehicles is pegged at D2000 but the police said this can be beaten down to D500. Meanwhile,[Read More…]
Economy
Gambia Government Reduces Fertilizer Price
Following general anxiety and vexing public outcry over this summer’s published fertilizer price, President Adama Barrow has further subsidized the official price of fertilizer, bringing it down to D2000.00. In fact, no sooner had the official price of fertilizer was announced at D2,500 per bag, than President Barrow summoned the[Read More…]
Gambia Gets Additional US$6 Million IMF Loan To Meet Financing Needs
The Executive Board of the International Monetary Fund (IMF) Friday completed the fourth review under the Extended Credit Facility (ECF) arrangement for The Gambia. The completion of the review enables an immediate disbursement of SDR 5 million, about US$ 6.72 million, to help meet the country’s balance-of-payments and fiscal financing[Read More…]
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