Sep 23, 2026
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President’s office spends D86M on capital projects

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Jankey Ceesay The Point
Sep 23, 2026, 12:36 PM 2 min read
President’s office spends D86M on capital projects

Seedy Keita1

The Office of the President spent D86.85 million on capital projects in the first six months of 2026, nearly three times the D29.98 million it had been allocated for the entire year.
The figures were presented to the National Assembly by the Minister for Finance and Economic Affairs Seedy Keita, in his mid-year statement on the implementation and monitoring of the 2026 national budget.

According to the budget performance report, the Office of the President had an annual allocation of D29.98 million for capital spending but recorded D86.85 million in spending by the end of June.

This means the office had already spent 290 percent of its full-year capital allocation halfway through the year. 

In simple terms, for every D1 the office was budgeted to spend on capital projects for the whole of 2026, about D2.90 had already been spent by June. 

The report does not explain in the section detailing the spending why the Office of the President exceeded its annual capital allocation.

Overall, the Office of the President recorded D486.50 million in total spending by June, representing 66 percent of its total annual budget of D737.82 million.

Its spending included D99.80 million on salaries and D299.85 million on other day-to-day expenses.

The unusual capital spending figure comes as government reported total expenditure of D15.42 billion during the first half of 2026, equivalent to 42 percent of the approved annual budget.

The figures raise questions about how the additional capital spending was authorised and whether the annual allocation was subsequently revised or supplemented.

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