QGroup hands D1M subvention to GSIC
Apr 20, 2023, 11:38 AM
QGroup has handed over a one million dalasis cheque to the Gambia Supreme Islamic Council (GSIC) as subvention to support the Council’s annual programs and activities.
“This provides grants to our poorest and most vulnerable members to cover their IMF debt obligations for an initial phase over the next six months and will help them channel more of their scarce financial resources towards vital emergency medical and other relief efforts.
“The CCRT can currently provide about US$500 million in grant-based debt service relief, including the recent US$185 million pledge by the U.K. and US$100 million provided by Japan as immediately available resources. Others, including China and the Netherlands, are also stepping forward with important contributions. I urge other donors to help us replenish the Trust’s resources and boost further our ability to provide additional debt service relief for a full two years to our poorest member countries.”
The countries that will receive debt service relief today are: Afghanistan, Benin, Burkina Faso, Central African Republic, Chad, Comoros, Congo, D.R., The Gambia, Guinea, Guinea-Bissau, Haiti, Liberia, Madagascar, Malawi, Mali, Mozambique, Nepal, Niger, Rwanda, São Tomé and Príncipe, Sierra Leone, Solomon Islands, Tajikistan, Togo, and Yemen.
Press Release
QGroup has handed over a one million dalasis cheque to the Gambia Supreme Islamic Council (GSIC) as subvention to support the Council’s annual programs and activities.
The Gambia Ports Authority has paid a record-breaking dividend to The Gambia government. This came to light at a ceremony held at the Ministry of Finance conference hall at the Quadrangle in Banjul on Friday.
His Excellency Vice President Mr. Badara A. Joof recently received at State House a delegation from the World Bank, headed by Nathan M. Belete, the Country Director for Cabo Verde, The Gambia, Guinea Bissau, Mauritania, and Senegal.
At least 951 migrants, including Gambians and Senegalese, have died so far in 2023 (6 months), according to a report released on Thursday by Caminando Fronteras (Walking Borders).