Private sector fundamental to national development goals: VP

Wednesday, March 28, 2018

The vice president and minister for Women Affairs, Fatoumatta Jallow-Tambajang,  said the government of The Gambia recognises the centrality of economic transformation and private sector development in achieving the national development goals.

VP Jallow Tambajang made these remarks on Wednesday, while presiding over the official opening ceremony of the 12th Edition of the annual Gambia Chamber of Commerce and Industry’s (GCCI) Trade Fair at the Independence Stadium in Bakau.

“The government of The Gambia under the leadership of President Barrow recognises the centrality of economic transformation and private sector development in achieving our national development goals”, she said. “Through strong partnership and effective collaboration with the private sector, the government is fast on track in implementing reforms to support private sector in The Gambia”

The vice president said the theme for this year’s trade fair: Economic Transformation for Gambian Business Empowerment is Pertinent and Relevant to the Government’s Policies and Efforts.

She said the government and the Gambian businesses through the medium side enterprises require strategic transformations processes to support the current efforts to improve the business environment, attract support and empower businesses and investment in the protective sectors of the economy.

Because of the rapid transformation in technology, she emphasized the need to invest in technology to improve productivity and competiveness of the businesses, noting “that is what will reposition The Gambia to be a hub for trade and investment.”

VP Jallow drew attention to the just concluded meeting of the African heads of state in Kigali, Rwanda with the view to promote free trade which she said has the potential to deliver a huge economic boost to the continent. This she said is “therefore effective for economic transformation to help The Gambia to develop the necessary capacities and businesses to trade more within the continent and the world at large.”

Author: Sankulleh Gibril Janko