Bakary K. Jammeh, the governor of Central Bank in a statement stated that recurrent expenditure increased by 31.2 percent to D8.0 billion (8.1 percent of GDP) compared to D6.1 billion (7.0 percent of GDP) in the first half of 2019, while adding that capital expenditure on the other hand, declined by 22.9 percent to D2.8 billion (2.9 percent of GDP).
The statement further reads that: “Preliminary estimates of government fiscal operations indicated that overall deficit, including grants worsened from D0.6 billion (0.7 percent of GDP) in the first half of 2019 to a deficit of D1.6 billion (0.4 percent of GDP) in the first half of 2020. The budget deficit excluding grants, however, improved to D3.2 billion (3.2 percent of GDP) in the first half of 2020 compared to D3.5 billion (4.0 percent of GDP) in the same period in 2019.”
He said that the total revenue and grants stood at D9.2 billion (9.4 percent of GDP) in the first six months of 2020 compared to D9.1 billion (10.4 percent of GDP) in the same period last year.
“Tax revenue rose by 4.3 percent to D5.4 billion (5.5 percent of GDP) in the first half of 2020 from D5.2 billion (5.9 percent of GDP) in the corresponding period a year ago. Non-tax revenue also rose to D2.3 billion (2.3 percent of GDP) in the first six months of 2020 from D1.0 billion (1.2 percent of GDP) in the same period last year.”
A group of civil society organisations and frontline workers has asked President Adama Barrow to address Gambians on the state of the nation within 72 hours amid covid-19 crisis that has gripped the nation.
As the fight against the deadly coronavirus intensifies, a taskforce comprising health personnel and different securities apparatus in Farafenni in the North Bank Region (NBR), has again intercepted one marabout with 17 of his disciples (talibs) at the Kerr Ayoub Border Post, The Point can confirm.
The Ministry of Health recently held a two-day mass covid-19 rapid voluntary testing for hundreds of volunteers in Bakau, amid rising reported confirmed cases in the country.
The Honourable Minister for Foreign Affairs, International Cooperation and Gambians Abroad, Dr. Mamadou Tangara, solicits support from Congresswoman, Karen Bass. US lawmaker is the chair of the Congressional Black Caucus and also the Africa Subcommittee of the House Foreign Affairs Committee in the United States Congress.
