Ministry Of Finance and Economic Affairs Gambia - MOFEA

10/06/2026

The Gambia Strengthens Climate Cooperation in China

A multi-sectoral Gambian delegation participated in the Seminar on Climate Change and Sustainable Development for Belt and Road Initiative (BRI) Countries in Beijing, China. The forum brought together representatives from partner countries to exchange knowledge, share best practices, and explore innovative solutions for climate change adaptation, environmental protection, and sustainable development.

The participation provided valuable opportunities for capacity building, policy dialogue, and international cooperation in areas such as climate resilience, natural resource management, disaster risk reduction, climate finance, and sustainable water management.

The engagement reinforces The Gambia’s commitment to climate action, environmental sustainability, and inclusive green growth while strengthening partnerships with China and other BRI countries to advance sustainable development goals.

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10/06/2026

Finance Minister Highlights Gender Equality as Key to Economic Growth at the Launch of Economic Update & Public Finance Review

The Minister of Finance and Economic Affairs has underscored the importance of gender equality as a critical driver of economic growth, fiscal sustainability, and national development during the launch of The Gambia Economic Update and Public Finance Review on June 9, 2026.

Addressing stakeholders at the SDKJ Conference Center, the Minister emphasized that gender equality is not solely a social issue but a fundamental economic and finance concern.

He noted that the underutilization of women in the workforce limits economic productivity, weakens the tax base, and constrains national growth. According to the report, women in The Gambia continue to face lower labor force participation rates and earn significantly less than men, particularly in rural areas.

The Minister highlighted the economic costs of gender inequality, including losses associated with child marriage, gender-based violence, and limited access to education and employment opportunities for women.

He stressed that investing in girls’ education, reproductive health services, childcare, women’s land rights, and financial inclusion would generate substantial economic returns and strengthen public finances.

10/06/2026

The Ministry of Finance and Economic Affairs (MoFEA), through the Directorate of Development Planning and in partnership with the European Union Delegation, has successfully concluded a three-day End-User Training on the National Development Plan Monitoring Platform.

The training, which follows the platform’s launch in March 2026, equipped government officials with the skills needed to effectively manage data entry, reporting, and performance monitoring. Participants also updated and validated RF-NDP indicator data to support the ongoing Mid-Term Review process.

Speaking at the closing ceremony, Deputy Director of Planning, Alfusainey Jabbi, described the training as a major milestone in strengthening The Gambia’s development monitoring systems. He emphasized that the platform will promote evidence-based decision-making, enhance accountability, and improve service delivery across government institutions.

Representing the European Union, Van Caenegem Emile commended the progress made and reaffirmed the EU’s commitment to supporting the successful implementation of the platform.

Together, we are building stronger systems for monitoring progress, measuring impact, and driving sustainable national development.

02/06/2026

The African Caucus serves as a unified platform for African Finance Ministers and Central Bank Governors to engage with the World Bank Group and the International Monetary Fund (IMF) on Africa’s development priorities.

🇬🇲 In July 2026, The Gambia will host this prestigious gathering, bringing together policymakers and development partners from across the continent to discuss economic growth, financial resilience, and sustainable development.

27/05/2026

The Ministry of Finance and Economic Affairs wishes you and your family a blessed Eid filled with peace, happiness, good health, and prosperity.

May this special occasion bring joy to every home and strengthen the bonds of unity, compassion, and gratitude.

22/05/2026

Declaration of Public Holidays

The Office of the President hereby informs the public that His Excellency Adama Barrow, President of the Republic of The Gambia, is pleased to declare Monday, 25th May 2026, a public holiday marking the African Liberation Day.

Similarly, President Barrow has declared Wednesday, 27th and Thursday, 28th May 2026, as public holidays in observance of the Muslim feast of Eid al-Adha, locally known as Tobaski.
On behalf of the Government and the First Family, His Excellency President Barrow extends his warmest Africa Day and Eid greetings to Gambians at home and abroad.

19/05/2026

The Directorate of Loans and Debt Management (DLDM) under the Ministry of Finance and Economic Affairs has commenced a five-day Annual Borrowing Plan (ABP) Workshop at the NaNA Conference Hall.

The Annual Borrowing Plan is one of the Directorate’s key annual activities aimed at guiding Government’s borrowing operations for 2026. The exercise supports the implementation of the Medium-Term Debt Management Strategy (MTDS), promotes domestic debt market development, and contributes to long-term debt sustainability.

Welcoming participants, officials described the workshop as a mandatory and important exercise conducted in collaboration with sister directorates to ensure proper coordination, planning, and data sharing in government borrowing processes.

Speaking on behalf of the Director, Mr. Jawara Mendy emphasized that the preparation of the Annual Borrowing Plan is a requirement under the Public Finance Act and plays a critical role in operationalising the Medium-Term Debt Management Strategy and Debt Sustainability Analysis (DSA).

He noted that the recently conducted Debt Sustainability Analysis rated The Gambia at a high risk of debt distress, making prudent and coordinated borrowing more important than ever.

Officials further stressed that without a structured Annual Borrowing Plan, government borrowing would lack proper systems, coordination, and clear direction regarding debt issuance in the market.

Participants at the workshop were encouraged to actively engage and contribute meaningfully throughout the discussions as the Directorate continues efforts to strengthen public debt management and ensure sustainable financing practices in The Gambia.

📍 Venue: NaNA Conference Hall
📅 Date: 18th – 22nd May 2026

18/05/2026

⏳ The countdown is almost over!

Only 1 day left until the Annual Borrowing Plan (ABP) Workshop.

Stakeholders and participants are set to converge at the NaNA Conference Hall from 19th to 22nd May 2026 for important discussions focused on strengthening public finance management and promoting sustainable borrowing strategies.

📍 Venue: NaNA Conference Hall
🕣 Time: 08:30 AM

14/05/2026

13/05/2026

Finance Minister Engages Private Sector Ahead of African Caucus 2026

The Minister of Finance and Economic Affairs, Seedy K.M. Keita, recently convened a meeting with members of the private sector to discuss strategic areas of partnership and ensure the sector’s full participation in the upcoming African Caucus, scheduled to take place from 6th to 8th July 2026.

The meeting brought together key stakeholders from various industries, including telecommunications, banking, aviation, petroleum, and other sectors, as part of ongoing preparations for the high-level continental gathering.

The African Caucus is an annual meeting of African Governors of the World Bank Group and the International Monetary Fund (IMF). The forum brings together finance ministers, central bank governors, development partners, and private sector leaders to discuss pressing economic and development priorities across the continent.

It also serves as a platform for African countries to coordinate common positions on issues such as economic growth, financing, climate resilience, debt sustainability, and regional integration.
During the discussions, Minister Keita highlighted the significance of hosting the African Caucus, describing it as a landmark event for The Gambia and the first of its kind for the country.

He emphasized the important role the private sector will play in ensuring the successful hosting of the event.

He also underscored the government’s commitment to coordinating the Caucus while allowing the private sector to lead in the ex*****on of event logistics and related services.
Participants at the meeting welcomed the initiative and reaffirmed their readiness to support the successful hosting of African Caucus 2026.