The Gambia Revenue Authority (GRA) has set for itself the ambitious target of generating over D15bn in revenue this year after surmounting numerous challenges to hit the D12bn target it’d set for itself in the previous year. The lingering impact of Covid-19, high global fuel prices as well as the[Read More…]
Tag: Economy
Gambia’s ‘Very Own Beer’ Will Not Form Part Of 2022/3 Christmas & New Year’s Revelry
After enlivening festivities and parties for several years, Julbrew has now become a missing link in many beer lovers’ quest for the excitement of the cockles of the heart. The Gambia’s Very Own Beer has thrilled and excited beer lovers, including tourists but heavy tax burden has forced its manufacturers[Read More…]
IMF Says Gambia’s Economic Recovery & Tax Collection Weaker Than Anticipated
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…]
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