Mar 31, 2020, 12:54 AM
The Fiscal Management Development Project will support the government’s National Development Plan for 2018-2021 by restoring fiscal discipline, improving public sector efficiency, fiscal risk management and reporting, as well as helping the country transition to a digital economy.
“The project builds on existing reforms to enhance the financial viability of telecom sector, as well as transparency and governance framework of the state-owned enterprises,” said Elene Imnadze, World Bank Resident Representative.
The operation will strengthen the capacity of the Gambia Revenue Authority to collect revenues, including through digital transformation of tax administration. It will also introduce electronic procurement for more efficient and better-quality public procurement system. In addition, the project will provide incentives and technical assistance to strengthen fiscal risk management, corporate governance and public accountability of the state-owned enterprise sector and pursue critical reforms to enhance financial viability in state-owned telecom assets.
“In the context of the COVID-19 pandemic, this operation becomes even more relevant as it contributes to building capacity to ensure the Government’s business continuity and resilience,” said Maimouna Mbow Fam, Task Team Leader.
* The World Bank’s International Development Association (IDA), established in 1960, helps the world’s poorest countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve poor people’s lives. IDA is one of the largest sources of assistance for the world’s 76 poorest countries, 39 of which are in Africa. Resources from IDA bring positive change to the 1.6 billion people who live in IDA countries. Since 1960, IDA has supported development work in 113 countries. Annual commitments have averaged about $21 billion over the last three years, with about 61 percent going to Africa.
Future4All Foundation, The Gambia, in collaboration with their Netherlands counterpart last Tuesday donated 50kg bags of rice and gallons of cooking oil to households in Toubakolong village, as covid-19 food relief.
State House, Banjul, July 2, 2020 – His Excellency, President Adama Barrow has appealed for unity in preserving peace and stability of the country, as the new Attorney General and Minister of Justice takes oath of office today.
A Gambian farmer, Ebrima E.J Jabang is improving on his animal husbandry venture in Kartong, Kombo South, in order to address the unprecedented amount of animals that are imported into the country from neighboring countries, including Senegal, Mali and Mauritania, for the feast of Eldul-adha.
Martina's Foundation, a registered charity in The Gambia on Monday extended benevolence to Brikama District hospital with the presentation of items to maternity and outpatient units of the hospital.
Councilor of Gunjur Ward in Limbo South has written an open letter to President Adama Barrow, urging him to ensure that he fulfils his election promises.
The Balance Crew, a youth-led organisation with the mission to contribute to the socio-economic development of The Gambia and the promotion of ideas of young people, has recently distributed over 19 package of food aid to needy families amid Covid-19.
The Pipeline Mosque Foundation recently donated essential goods to The Gambia Prison Services in Banjul.