Business Economy, Ministry of Finance and Economic Affairs, Budget, National Assembly Askanwi Gambia Business Economy, Ministry of Finance and Economic Affairs, Budget, National Assembly Askanwi Gambia

Jan to May 2024: Gov’t Overspent by 3% and Collected 13.8% Under Revenue Target

The Ministry of Finance and Economic Affairs issued the January to May 2024 Budget Performance Report which highlights that the government is overspending by 3% and collected 13.8% less than the revenue target for the same period.

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Business Economy, Inflation, Cost of Living, Fuel, Budget, National Assembly Askanwi Gambia Business Economy, Inflation, Cost of Living, Fuel, Budget, National Assembly Askanwi Gambia

2024 Budget Speech: Inflation Reached Record High 18.5% in September 2023

During the Finance Minister’s 2024 Budget Speech he highlighted that Inflation reached a record high 18.5% in September 2023 and noted some of the steps the government took bring down the cost of fuel and food in particular in an attempt to curb inflation and price increases.

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Business Economy, Governors and Executive Coordinators, Local Government, President Adama Barrow, Budget Askanwi Gambia Business Economy, Governors and Executive Coordinators, Local Government, President Adama Barrow, Budget Askanwi Gambia

Governors and New Executive Coordinators to Cost Taxpayers Almost D8 Million in Salaries and Allowances Alone

After President Adama Barrow instituted the positions of Executive Coordinator for Banjul and KMC our business report looks at the cost of hiring new Executive Coordinators and the monies spent on Governors in the regions just focusing on salaries and allowances.

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Business Economy, Human Rights, Transitional Justice, Victims Reparations, Budget Askanwi Gambia Business Economy, Human Rights, Transitional Justice, Victims Reparations, Budget Askanwi Gambia

Only D50 Million Paid from D245 Million Allocated to Victims Reparations Since 2021

Since 2021, the government has approved D245 million for Victims Reparations, but only D50 million has been paid to victims, which occurred in 2021. Since then, victims have been waiting to receive their reparations.

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