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Central Bank Discloses Currency in Circulation Amounted to D12.5 Billion in 2021
31 mai, par Sulayman BahBy Kebba A.F TourayThe 2021 and 2022 activity reports and audited financial statements of the Central Bank of the Gambia (CBG) disclosed that D12.5 billion was the currency amount in circulation during the 2021 fiscal year. The said reports were presented by the CBG Management before members (...) -
WHAT IS THE FUTURE FOR THE GAMBIA FERRY SERVICES COMPANY ?
31 mai, par Sulayman BahOne of the key services which over the years had facilitated the transportation of goods and people is the Gambia Ferry Services Company Ltd. The demand for such services is still high.After the Bamba Tenda/ Yelli Tenda crossing was bridged, it was assumed that the Gambia Ferry Services would (...) -
OLD CURRENCY NOTES STILL IN CIRCULATION:NO EXPLANATION FROM THE CENTRAL BANK
31 mai, par Sulayman BahForoyaa has been trying to reach the Central Bank to get clear explanation why old currency notes are still in circulation when new ones have been issued without much success. In a system where monetary policy is taken seriously, the volume of currency in circulation should be determined as (...) -
Central Bank Says Inflation Reached 18.5 Percent in September 2023
30 mai, par Sulayman BahBy: Kebba AF Touray The Governor of the Central Bank of the Gambia (CBG) Buah Saidy, said inflation has reached a peak of 18.5 percent in September 2023 due to balance of payment challenges. He told the members of the Finance and Public Accounts Committee of the Assembly that the exchange rate (...) -
Controversy Looms at EFSTH as Board Chairman Dismissed
30 mai, par Sulayman BahBy Yankuba Jallow Edward Francis Small Teaching Hospital (EFSTH), Gambia’s main referral hospital, is engulfed with controversies as the Chairman of the Board has been dismissed. Foroyaa has been reliably informed that Dr Adama Sallah has been dismissed from his role. This is a story this (...)