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.
Gambia to Receive 10% Shares from US$100 Million Hotel
President Adama Barrow is expected to lay the foundation stone for a US$100 Million Hotel to be built for the Organisation of Islamic Countries (OIC) Summit scheduled to be held in The Gambia. According to the OIC Gambia CEO and the Branding and Communications Lead, the Gambia Government will only benefit from a 10% share of the proceeds of the Hotel.
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