The World Bank Group’s (WBG) reaffirmed on June 12 its continuous support for The Gambia. The Country Engagement Note (CEN) for The Gambia for 2018-2021 proposes a focused program to address critical needs during the country’s transition, while laying the foundation for longer-term inclusive growth. “The World Bank has acknowledged[Read More…]
Economy
The Gambia: Overcoming Corruption’s Toll
The Gambia is the smallest country on mainland Africa, but the legacy of more than two decades of authoritarian rule has left its new democratically elected government with big challenges. The Gambia’s Finance Minister, Amadou Sanneh, began the daunting task of rebuilding its devastated economy only days after his release[Read More…]
IMF Worried Over Gambia’s Rising Debt Vulnerabilities
The International Monetary Fund (IMF) has expressed serious concerns about the Gambia’s rising debt vulnerabilities. The IMF said the country’s debt-to-GDP ratio has skyrocketed by end‑2017 to nearly 130 per cent of GDP and total debt service-to-revenue (excluding grants) is now projected to average 53 per cent over 2018–20. It[Read More…]
NEWS LIKE YOU, ON THE GO
