Wednesday, April 24, 2024
22.2 C
City of Banjul
HomeBreaking NewsGAMBIA: IMF & GAMBIA AGREE NEW $100 MILLION MINIMUN SUPPORT PACKAGE

GAMBIA: IMF & GAMBIA AGREE NEW $100 MILLION MINIMUN SUPPORT PACKAGE

Donate to Freedom Radio Today

DAKAR, Nov 1 (Reuters) – The International Monetary Fund and Gambian authorities have reached a staff-level agreement on a new three-year support package of around $100 million, the Fund said in a statement on Wednesday.

The program will support agreed economic policies and reforms. It aims to tackle inflation and foreign exchange pressures, reduce debt and foster growth in the West African country.

Reporting by Sofia Christensen Editing by Chris Reese

Latest articles

GAMBIA: THE 40 MILLION DALASIS MEDIA SLUSH FUND, AN IMPROPER USE OF PUBLIC FUNDS. GAMBIA FOR ALL (GFA) PARTY REGRETS THE GOVERNMENT DECISION

The revelation that the government of President Adama Barrow has decided to allocate forty million Dalasi of...

GAMBIA: A BILL TO PUNISH THOSE RESPONSIBLE FOR HUMAN RIGHTS ABUSES HAS BEEN INTRODUCED BY THE MINISTER OF JUSTICE

On Monday, April 22, 2024, Honourable Dawda A. Jallow, the Attorney General and Minister...

GAMBIA: BILLS ADDRESSING HUMAN RIGHTS VIOLATIONS PASSED BY GAMBIAN LAWMAKERS

Bills 2024 establishing the Special Prosecutor's Office and 2024 establishing the Special Accountability Mechanism...

GAMBIA: DEPUTY AMBASSADOR JERREH JAMMEH REFUSES TO VACATE HIS POST AT THE GAMBIAN MISSION IN MAURITANIA

The Gambia's diplomatic posts abroad have been the subject of criticism in recent months.The...

More like this

GAMBIA: THE 40 MILLION DALASIS MEDIA SLUSH FUND, AN IMPROPER USE OF PUBLIC FUNDS. GAMBIA FOR ALL (GFA) PARTY REGRETS THE GOVERNMENT DECISION

The revelation that the government of President Adama Barrow has decided to allocate forty million Dalasi of...

GAMBIA: A BILL TO PUNISH THOSE RESPONSIBLE FOR HUMAN RIGHTS ABUSES HAS BEEN INTRODUCED BY THE MINISTER OF JUSTICE

On Monday, April 22, 2024, Honourable Dawda A. Jallow, the Attorney General and Minister...

GAMBIA: BILLS ADDRESSING HUMAN RIGHTS VIOLATIONS PASSED BY GAMBIAN LAWMAKERS

Bills 2024 establishing the Special Prosecutor's Office and 2024 establishing the Special Accountability Mechanism...