IMF’s acting board chair Mr. Bo Li said recently that the Gambia’s economic recovery and tax collection are “weaker than anticipated while inflationary pressures and foreign exchange shortages are intensifying”. According to Mr. Li, this situation has been engendered by the ramifications of Russia’s invasion of Ukraine, the Covid-19 hangover[Read More…]
Economy
IMF Approves Nearly US$27.41M For Gambia
The Executive Board of the IMF has approved about US$27.41m for The Gambia after the Fifth Review under the Extended Credit Facility Arrangement for the country held in Washington, DC on Thursday. This takes the total disbursements under ECF arrangements to about US$87.44 million. In the second augmentation of access[Read More…]
COVID-19 Test Requirements Lifted Amid Launching Of Major Tourism Project
The Minister of Tourism and Culture, Hamat Bah, stated on Tuesday that international visitors are no longer required to provide a negative COVID-19 test results they were asked to take before jetting into Gambia. Bah made the announcement at the launching of the Tourism Diversification and Resilience in The Gambia[Read More…]
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