Friday March 13, 2026
Place your advertisement here.
Contact us today +2207336467/5035263
.
GCRPS Logo
Place your advertisement here.
Contact us today +2207336467/5035263
GRA Image
Place your advertisement here.
Contact us today +2207336467/5035263

Gambia Spent Over D8.13 Billion in the First quarter of 2025

The Gambia’s Q1 2025 budget report shows GMD 8.130 billion in spending, a GMD 1.45 billion deficit, and GMD 6.674 billion in revenue, raising concerns over personnel costs and subsidies while emphasizing fiscal discipline.

Share the news with your Friends and Family
Gambia-Q1-2025-Budget

In the first quarter of 2025, The Gambia’s government spent GMD 8.130 billion, which is 3% less than the budget estimate.

Key spending areas included GMD 2.042 billion for subsidies and transfers, GMD 1.032 billion for goods and services, and GMD 1.147 billion for capital projects. Personnel costs reached GMD 2.337 billion, which was 7% over budget.

The government executed 25% of the approved budget, resulting in a gross deficit of GMD 1.45 billion, which was 23% less than expected. Total revenue was GMD 6.674 billion, 3% more than the target, mainly due to tax revenue.

The report highlights issues with increasing personnel costs and subsidy obligations, stressing the need for better fiscal management.

Sign up to receive the latest news and events in your inbox

Join our community of news enthusiasts.

Breaking News in your inbox

Sign up to receive latest news and events in your inbox.

Share the news with your Friends and Family

Related News

ARPS Media
ARPS Media

FREE
VIEW