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.
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.
FactCheck Update: MoFEA Confirms Darboe’s D110 Billion Public Debt Concern
The Ministry of Finance and Economic Affairs held a press conference on Friday 12th April 2024 confirming that the National Debt increased to D110.6 billion. This confirms that a claim made earlier in 2024 by the leader of the country’s biggest opposition party, Ousainou Darboe of the United Democratic Party, that Gambia’s debt has increased under the Barrow administration.
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