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Business (G)

Gambia-2025-mid-year-fiscal-deficit

Gambia’s Mid-year Budget Shows Revenue Growth but Continues to Face a Deficit

The Gambia’s first-half 2025 revenues hit GMD13.78 billion, up 29% from 2024, but a GMD724.84 million deficit emerged from GMD14.51 billion spending, as Minister Seedy Keita outlines plans for cuts and grant boosts amid 5.7% GDP growth.

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Njundu-Fatty-GCCI-President-Election 2025

Njundu Fatty – President Elect of GCCI

Njundu Fatty, elected GCCI president on September 5, 2025, alongside Vice President Fatou Jallow, pledges to advance private sector growth and trade opportunities in The Gambia over a three-year term.

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GTSC-Yonna-Wallet-digital-ticketing

Digital Ticketing and Payment System from GTSC and Yonna Group

On September 5, 2025, GTSC and Yonna Group’s Yonna Wallet introduced a digital ticketing system for cashless payments and seat reservations, revolutionizing public transport in The Gambia with enhanced convenience and innovation.

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Gambia-monetary-policy-2025

Central Bank of The Gambia’s MPC Decided to Maintain the Monetary Policy Rate at 17 Percent

The Central Bank of The Gambia keeps the monetary policy rate at 17 percent in September 2025, as the IMF predicts 3.0 percent global growth, 7.5 percent Sub-Saharan inflation, and US$66.9 per barrel oil prices, amid challenges from high food and raw material costs.

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IMF-support-for-The-Gambia

Increased IMF Support for The Gambia

The IMF has increased funding for The Gambia to over 165 million USD for economic and climate initiatives, praised by IMF Director Dr. Outtara WAUTABOUNA, with President Adama Barrow emphasizing African integration and Finance Minister Seedy Keita detailing implementation.

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