Jul 8, 2020, 10:49 AM
Deputies at the National Assembly on Monday referred the Local Government Amendment Bill 2020 to the Assembly’s Business Committee (ABC) for further scrutiny before reaching the third reading stage.
“This first in a series of two programmatic Development Policy Operations supports The Gambia’s efforts to undertake fundamental reforms to improve fiscal management for better public service delivery,” said Elene Imnadze, World Bank Resident Representative.
This Development Policy Operation will ensure public investment projects are appraised as per National Development Plan priorities and support the adoption of a new procurement bill to eliminate the use of single source procurement and tighten the emergency clause for its use.
The financing will also help enhance the financial and operational performance of the energy utility in order to provide cheaper, more reliable and cleaner energy. In addition, it will support the ring fencing of the telecom infrastructure and restructuring of the SOEs in that sector to strengthen the digital economy.
“This operation will support the government in strengthening fiscal transparency and reducing fiscal risks and promote a governance framework to ensure long-term sustainability of the SOE sector,” said Mehwish Ashraf, World Bank Country Economist and co-Task Team Leader.
This first operation is aligned with the development priorities of the Government as reflected in the National Development Plan for 2018-2021 which identifies economic stabilization, growth stimulation and structural transformation as key priorities for The Gambia.
Havana, April 28 (RHC)-- Cuban President Miguel Díaz-Canel called on Tuesday to honor health workers during the May 1st International Workers’ Day celebrations.
The board chairperson of The Gambia Revenue Authority (GRA), Lucy Faye, has applauded the staff and management of GRA for the unprecedented revenue collection in 2020.