The Gambia’s economy has continued on a path of recovery, with real GDP growth reaching 5.7% in 2024, according to the World Bank’s Fifth Economic Update for the country. The report credits the performance to gains in the services sector, stronger investment, and easing inflation, despite persistent global and domestic[Read More…]
Tag: Central Bank of The Gambia
Afreximbank Signs $75 Million Currency Swap Deal To Boost Gambia’s Road Infrastructure
The African Export-Import Bank (Afreximbank) has signed a five-year, $75 million cross-currency swap agreement with the Central Bank of The Gambia (CBG) to support critical infrastructure development across the country. The deal, signed during the 32nd Afreximbank Annual Meetings held in Abuja from June 25 to 28, is aimed at[Read More…]
Concerns Mount Over Fate Of Withdrawn Dalasi Banknotes
Concerns over the fate of withdrawn Gambian banknotes continue to grow in several quarters. It’s the best operational practice in central banks across the world to withdraw mutilated and worn-out currency banknotes from circulation. The quality of the dalasi notes has rendered them susceptible to mutilation and wear and tear.[Read More…]
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