Business Economy, Parliament Askanwi Gambia Business Economy, Parliament Askanwi Gambia

Finance Minister Grilled in Parliament Over Incomplete Budget Report

The Gambia’s Finance Minister, Hon. Seedy S. Keita, came under intense pressure from lawmakers to deliver a more comprehensive budget implementation report, including detailed expenditure breakdowns for each Ministry. However, Speaker Fabakary Tombong Jatta appeared to shield the Minister from deeper scrutiny and failed to demand an overdue budget implementation report on the 2024 budget, which should have been presented during the First Ordinary Session. More in our feature report.

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FactCheck, Business Economy, Budget Askanwi Gambia FactCheck, Business Economy, Budget Askanwi Gambia

FactCheck: Did the World Bank Approve $6.4M or $10M for the Gamtel/Gamcel Social Plan?

President Barrow’s recent claim that the World Bank allocated $6.4 million to compensate laid-off Gamtel and Gamcel staff contradicts an earlier statement by the Finance Minister, who cited a $10 million bailout—raising fresh questions about transparency and the true scope of the government’s restructuring plan. More in this factcheck report.

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Business Economy Askanwi Gambia Business Economy Askanwi Gambia

Imports from Senegal Surge, Deepening Gambia’s Record Trade Deficit

The Gambia’s trade deficit reached a record D64.6 billion in 2024, driven largely by a dramatic 70% surge in imports from neighboring Senegal, which rose from D8.5 billion to D14.4 billion, according to the Gambia Bureau of Statistics. The data highlights deepening cross-border trade ties but also signals growing economic dependence on external markets. More in the feature report.

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FactCheck, Business Economy Askanwi Gambia FactCheck, Business Economy Askanwi Gambia

FactCheck: Delayed GAMTEL Salaries Raise Doubts Over $10M World Bank Funds

GAMTEL staff say their May 2025 salaries were delayed to after the Tobaski holiday — despite a $10 million World Bank package announced months earlier to support the struggling state-owned enterprise. As frustrations mount, two senior government ministers have issued conflicting explanations about donor funds being used to pay SOE salaries, raising serious questions about transparency, accountability, and where the money actually went. More in this FactCheck.

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Business Economy, Parliament Askanwi Gambia Business Economy, Parliament Askanwi Gambia

Finance Minister Set to Deliver Budget Implementation Update After Multiple No-Shows

After months of delays and repeated absences, the Minister of Finance and Economic Affairs, Hon. Seedy Keita, is once again scheduled to appear before the National Assembly to deliver a long-overdue oral statement on the full implementation and monitoring of the 2024 and the first quarter of the 2025 national budget. More in the report.

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Business Economy, Budget Askanwi Gambia Business Economy, Budget Askanwi Gambia

Finance Minister Confirms Government’s $10M Rescue for GAMCEL Salaries

Months after GAMCEL employees raised concerns over unpaid salaries, the Gambian government has secured a $10 million World Bank bailout to cover their arrears. Finance Minister Seedy Keita confirmed that the funds, part of a broader budget support grant, were used to pay staff for December 2024 and January 2025. However, with GAMCEL still operating at a financial loss, employees fear the crisis is far from over. More in the report.

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