Domestic Debt Interest Surpasses Education Funding in 2027 Draft Budget
The Gambia’s Minister of Finance tabled the 2027 Draft Budget in Parliament on 25th September 2026, requesting a domestic debt interest payment exceeding funding for education and health separately. Askanwi’s budget research has revealed that in 2025 and 2026, education funding (MoBSE and MoHERST) was above domestic debt interest. However, this is all set to change in the 2027 Draft Budget.
More in this budget report.
Almost D380 Million Short? Finance Minister Under-reports Domestic Debt Interest
A comparison between the Finance Minister’s latest Budget Implementation Report to Parliament and the Government’s own Public Debt Bulletins has revealed that Finance Minister Keita under-reported domestic debt interest payments by up to D376 million for the first six months of 2026.
More in this feature publication.
Finance Minister: D10 Billion Domestic Debt is Legacy Debt from Previous Regime
The Gambia’s Finance Minister, Hon. Seedy S. Keita, has revealed that approximately D10 billion of the country’s D52.91 billion domestic debt stock consists of legacy debts inherited from the previous administration of former President Yahya Jammeh. Our budget research reveals that this only accounts for 19% of the total domestic debt.
More in this news report from the Finance Minister’s Parliamentary Budget Implementation Report.
Covid Billions: Finance Minister Says D1 Billion Landed in Government Account
The Gambia’s Finance Minister, Hon. Mambury Njie, informed members of the National Assembly’s Special Committee that the government received one billion dalasis in its accounts on 20th April 2020. The Minister explained that the “very soft loan from the IMF has now landed in our account. It’s a facility that they [IMF] normally provide. It’s about one billion dalasis.” More in this feature report.
FactCheck: What did the Finance Minister tell Parliamentarians on Debt Servicing?
A disagreement has erupted between the Ministry of Finance and Economic Affairs (MoFEA), Foroyaa Newspaper, and renowned civil society advocate Mr. Madi Jobarteh, resulting in claims and counterclaims that 80% of The Gambia’s debt is from the previous administration of President Yahya Jammeh. Find out exactly what the Finance Minister stated on the Debt Service.
Who Will Pay? GAMTEL Faces Privatisation While D197M in Public Debt Remains Unpaid
The Gambia Telecommunications Company Limited (GAMTEL) is on the brink of privatisation, but critical questions remain unanswered—chief among them: who will settle the D197 million debt owed to the company by government institutions and state-owned enterprises? As the government moves to finalise a contract with an unnamed private partner, a damning audit report reveals years of unpaid arrears, political interference, and systemic failures that have left the national telecoms provider financially crippled and structurally adrift. More in this feature report.
Debt Payments Consumed Over a Quarter of 2024 National Budget
As the government struggles to balance revenue collection and expenditure, a concerning trend persists with debt servicing continuing to consume a substantial portion of the national budget. More in the report.
Polluting Rich Nations Owe The Gambia $4.8B Yearly in Climate Debt
A Who Owe Who? report published by ActionAid revealed that The Gambia is owed US$4.8 billion annually in climate debt from rich polluting countries compared to the US$39.7 billion it pays annually. More in this feature report.
2024 Quarter Three: Debt Service Overcrowds Gov’t Expenditure in Key Economic Areas
Askanwi’s latest budget analysis shows that Debt Service continues to overcrowd Government’s Expenditure in key economic areas such as health, education, agriculture, and infrastructure in 2024, with the situation expected to worsen in 2025.
Finance Minister to Table 2025 Budget Requesting Almost D53 Billion from Parliament
Information received by Askanwi Media highlights that the Minister for Finance and Economic Affairs (MoFEA) will table the 2025 Draft Budget tomorrow 15th November requesting Parliamentary approval for over D52.9 Billion in expenditure.
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