Tuesday, September 22, 2020

The Gambia to Strengthen Fiscal Management for Better Public Service Delivery

Must Read

Why Would Any President Want To Serve More Than Two Terms?

QUESTION OF THE DAY Nigeria has a population of 203 Million while the USA has a population of 330 Million...

Foni Jarrol MP: Lawmakers who vote against draft constitution should not be branded as bad Gambians

By: Kebba AF Touray Honorable Alhagie Sankung Jammeh, the lawmaker for Foni Jarrol, said people who against the draft Constitution...

Tabally Family Seek Assistance to Re-build Collapsed Building

By Nelson Manneh   The Tabally family of Faraba-Sutu village in the West Coast Region, is seeking assistance from all...

Banjul, June 22, 2020: Honorable Mambury Njie, Minister of Finance and Economic Affairs and Mr. Nathan Belete, the World Bank Country Director have signed today a $35 million grant to support the country’s efforts to improve effectiveness in fiscal management for better public service delivery.

The Fiscal Management Development Project will support the government’s National Development Plan for 2018-2021 by restoring fiscal discipline, improving public sector efficiency, fiscal risk management and reporting, as well as helping the country transition to a digital economy.

“The project builds on existing reforms to enhance the financial viability of telecom sector, as well as transparency and governance framework of the state-owned enterprises,” said Elene Imnadze, World Bank Resident Representative.

The operation will strengthen the capacity of the Gambia Revenue Authority to collect revenues, including through digital transformation of tax administration. It will also introduce electronic procurement for more efficient and better-quality public procurement system. In addition, the project will provide incentives and technical assistance to strengthen fiscal risk management, corporate governance and public accountability of the state-owned enterprise sector and pursue critical reforms to enhance financial viability in state-owned telecom assets.

“In the context of the COVID-19 pandemic, this operation becomes even more relevant as it contributes to building capacity to ensure the Government’s business continuity and resilience,” said Maimouna Mbow Fam, Task Team Leader.

- Advertisement -

Latest News

Why Would Any President Want To Serve More Than Two Terms?

QUESTION OF THE DAY Nigeria has a population of 203 Million while the USA has a population of 330 Million...
- Advertisement -

Foni Jarrol MP: Lawmakers who vote against draft constitution should not be branded as bad Gambians

By: Kebba AF Touray Honorable Alhagie Sankung Jammeh, the lawmaker for Foni Jarrol, said people who against the draft Constitution should not be branded as...

Tabally Family Seek Assistance to Re-build Collapsed Building

By Nelson Manneh   The Tabally family of Faraba-Sutu village in the West Coast Region, is seeking assistance from all and sundry to rebuild their...

GAMCOTRAP to Distribute 10,000 Face Masks to Gambian Children

By Ndey Sowe The Gambia Committee on Traditional Practices affecting the Health of Women and Children (GAMCOTRAP) has launched a project aimed at distributing 10,...

BCC Mayor to Contest for President of African Capital Cities Sustainability

By Ndey Sowe Rohey Malick Lowe, the Mayor of Banjul City Council (BCC) has been short-listed in the run-up for elections for the President of...
- Advertisement -

People Also Read This