Jun 10, 2020, 12:03 PM
He added that the balance as at now is D368.7 million out of the D512 million made available.
Finance Minister Mambureh disclosed this during the daily covid-19 briefing in Banjul on Saturday.
“I want to clarify that the president approved D500 million specifically for financing covid-19, and prior to that, we immediately released D12 million for the quick response against covid-19.”
He also explained that every dalasi spent on covid-19 so far is from local funds, noting that no single penny has reached the source of The Gambia specifically that of the recent IMF approved funds.
“It’s true that the IMF has approved $47.1 million Extended Credit Facility (ECF) for the financing for balance of payment support. This amount is specifically for balance of payment support.”
He added that the fund, which was approved on 23rd March 2020, is the augmentation of “our reserve, in case we have a deficit so that we can be able to fill the gap. This means that these funds will not be remitted into the coffers of The Gambia government.”
He further said that on 15 April, the IMF again approved $21.3 million which is under the Rapid Credit Facility, adding that all these funds up to today have not been credited to The Gambia government.
“All these funds from IMF have been approved but are not disbursed. It is in the process but the one that will reach The Gambia is the $21.3 million Rapid Credit Facility,” he said.
Junkung Jobarteh, executive secretary for Media Council of The Gambia (MCG), has said that Gambian journalists have the responsibility to adhere to the lawful dictates of the council and panel in order to avoid journalists and media houses facing civil and criminal cases in courts.
The former Prisons Director David Colley yesterday testified before the TRRC, denying every allegation leveled against him, ranging from prisoners’ torture, serving poor diet, taking bribes, stealing prisoners' foods, authorising soldiers to take detainees from the prison, tribalism and many more at the state central prison (Mile 2).
The deputy director of Health Promotion at the Ministry of Health Sanjally Trawally yesterday revealed to journalists in a press briefing that 51 Banjulians were arrested for not practicing social distancing.
As communities across The Gambia struggle to cope with challenges posed by the coronavirus pandemic, the youth of Sittanunku village residing in the diaspora have donated food items and hygienic materials to the vulnerable households. Sittanunku is a village in the North Bank Region.
Cross-section of officials has called on the President Barrow- led government to provide sufficient resources to effectively fight the coronavirus in the country.