Thursday, April 15, 2021

You Need To Know What Is In The Budget

Must Read

Director of African Department at International Monetary Fund Predicts Poverty would Increase in the Continent

By Nelson Manneh The Director of African Department at International Monetary Fund (IMF), Abebe Aemro Selassie said despite turning out...

Police Ask Vehicle Owners to Renew Their Licenses

By Nelson Manneh The Office of the Inspector General of Police has asked vehicle owners and/or drivers to renew their...

On Blank Voters’ Cards

The Advice Is To Hold A Joint Press Conference With IPC The Chairperson of the IEC has...

Up till the time of going to press late last night Deputies at the National Assembly were debating the Estimates of the expenditure for the year 2021.

Needless to say, the expenditure and net lending for 2020 is estimated to be D31 billion, which is D3 billion more than what was estimated at the beginning of the year. This will significantly increase the budget deficit and therefore the debt burden of The Gambia. This is coupled with a significant slowdown in GDP growth, a decline in tax revenues and an increase in health expenditure as well as multiple thresholds according to the Minister on the 2020 budget, such as stimulus package and relief support to the vulnerable.

Foroyaa will publish the full statement of the Minister of Finance on the 2021. Estimates and the intervention of Deputies.

- Advertisement -

Latest News

Director of African Department at International Monetary Fund Predicts Poverty would Increase in the Continent

By Nelson Manneh The Director of African Department at International Monetary Fund (IMF), Abebe Aemro Selassie said despite turning out...
- Advertisement -
- Advertisement -

People Also Read This