The Monetary Policy Committee of the Central Bank of The Gambia maintained the monetary policy rate at 17 percent during its September 2025 95th meeting, influenced by global and local economic conditions.
The IMF predicts a global growth rate of 3.0 percent for 2025, with advanced economies likely to achieve their inflation targets, while developing economies are expected to face inflation pressures.
In Sub-Saharan Africa, inflation is expected to decrease to 7.5 percent. Despite a decline in energy prices, high food and raw material costs continue to be problematic for import-dependent countries.
The IMF forecasts average oil prices to be US$66.9 per barrel in 2025, reflecting a 15.5 percent decrease from the previous year.
