The Executive Board of the International Monetary Fund (IMF) approved a thirty-nine-month Extended Credit Facility arrangement for the Gambia in the amount of SDR35 million (about US$47.1 million, or 56.3 percent of the Gambia’s quota in the Fund) today. The ECF-supported program aims to anchor macroeconomic stability and progress on[Read More…]
Economy
Coronavirus: Gambia Suspends European Flights
The Gambia is from immediate effect suspending flights from 13 European countries including the United Kingdom to prevent the spread of coronavirus in the small West African country. The decision was made at Thursday’s cabinet meeting following recommendations by health experts in the country. On Tuesday a 21-year-old woman who[Read More…]
Coronavirus: Gambia’s Standard Chartered Bank Announce Preventative Measures
Gambia’s leading bank, the Standard Chartered has put in place proactive measures to prevent the spread of of the coronavirus amongst staff and customers. The Gambia is yet to register any case of the disease, which is now described by the World Health Organisation as a pandemic that has reached[Read More…]