The Gambia’s Finance Minister, Hon. Seedy S. Keita's last-minute request to postpone his scheduled parliamentary budget update has been approved by Parliament, allowing him to travel out of the country instead of reporting to Parliament yesterday, 2nd March 2026.

More in our detailed publication featuring the Clerk and the Speaker.

Last week, The Gambia’s Ministry of Finance and Economic Affairs (MoFEA) announced that the International Monetary Fund (IMF) had approved the immediate disbursement of US$38.15 million [equivalent to D2.78 billion]. In its announcement, MoFEA did not indicate that the disbursements are loans or outline their conditions. After an engagement with the IMF last week, we can reveal the conditions of the loans in this feature publication.

The Speaker of the National Assembly will now earn the same basic salary as the Vice President, while all 54 Parliamentarians will take home more than most Cabinet Ministers under a new 50% pay raise approved by the Sixth Legislature. The increases, which will cost taxpayers an additional D18.5 million in basic salaries alone, come alongside expanded allowances and a separate gratuity bill that could further raise Parliament’s compensation package in 2026.
More in the report.

The European Union and the Government of The Gambia have signed a Financing Agreement for the programme “EU Support to Improve Secondary Education for The Youth (EU-ISEY)”. The new programme, worth approx. 1.7 billion dalasi (20 million euros), aims at improving Senior Secondary Education completion rates while reducing the gender and socioeconomic inequalities in educational attainment in The Gambia, especially in rural areas. More in the press release.

The Gambia’s economy grew by 5.3 percent in 2024, fuelled by gains in the services and industrial sectors, according to the Central Bank’s latest monetary policy update. However, Governor Buah Saidy warned that persistent core inflation and global trade uncertainties continue to pose significant risks to the country’s economic stability. More in the report.

An IMF team visited Banjul, The Gambia from April 2 to April 16, 2025, to review how The Gambia is doing under a financial support program. The program is a 36-month Extended Credit Facility (ECF) totalling US$100.9 million that started in January 2024. More in the press release.

The Gambia Revenue Authority (GRA) recognised outstanding taxpayers at its 2024 Taxpayer Appreciation Awards. Africell Gambia Ltd. was named the Largest Taxpayer of the Year, with other notable winners including QCell and Ecobank Gambia Ltd. The event highlighted the vital role of tax compliance in supporting national development. More in the report.

Parliamentarians failed to complete the consideration stage of 26 clauses in the National Security Council (NSC) Bill on 18th March 2025, as lengthy deliberations and disagreements over key provisions prolonged the debate. More in the Parliamentary report.

Parliamentarians were scheduled to address three separate actions, including a report from the Finance Minister on the implementation and monitoring of the annual budget; however, only the National Security Council Bill 2023 is being considered today. More in the report.

The Gambia Revenue Authority revealed that it has collected over D20 billion in 2024, surpassing it’s target by over D1.6 billion, and has been set a target to collect D23 billion in 2025. More in this detailed publication detailing how revenue was collected in 2024.

The International Monetary Fund (IMF) has approved a US$10.8 million disbursement to The Gambia on 20th December 2024 following the successful completion of the second review under the country’s Extended Credit Facility arrangement. More in the press release.

The Minority Leader for the Sixth Legislature raised a Point of Order labelling the tabling of the 2025 Budget by the Minister for Finance as unconstitutional. After an eventful session which was interrupted twice, Speaker Jatta ruled for the Finance Minister to apologize and proceed with tabling the Budget.

This is the ruling of the Speaker of the Sixth Legislature, Hon Fabakary Tombong Jatta, delivered on 15th November 2024 at the Gambia’s National Assembly in Banjul on the laying of the 2025 Budget.

The International Monetary Fund (IMF) has approved a new three-year, $100 million arrangement under its Extended Credit Facility (ECF) for The Gambia, aiming to reinforce the country’s economic recovery, curb inflation, stabilise foreign exchange markets, and address rising debt vulnerabilities. More in the press release.