As part of efforts to ease the burden of Gambians and businesses, President Adama Barrow of the Gambia has today amended some of the regulations of the country’s state of emergency regulations governing open markets and shopping areas as well as the transportation of goods and essential commodities. According to[Read More…]
Economy
Gambia Gets Over US$21 Million From IMF To Fight COVID-19 Pandemic
The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of SDR 15.55 million (about US$21.3 million or 25 percent of its SDR quota) for The Gambia under the Rapid Credit Facility (RCF). The financing provided under the RCF will help the country meet its urgent balance-of-payments (BOP) need[Read More…]
Senegal GDP Growth To Shrink To Less Than 3% Due To Coronavirus – President
Senegal’s economic growth will fall to less than 3% in 2020 from a forecast 6.8% because of the coronavirus, President Macky Sall said on Friday. “Our sustained economic growth over several years is being brutally curbed,” Sall said in a speech, adding that the West African country’s tourism industry would[Read More…]
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