Finance and Insurance

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Gambia Among 20 Countries On Track for MDGs Attainment - Finance DPS

The deputy permanent secretary for Programmes and Projects at the Ministry of Finance and Economic Affairs has disclosed that The Gambia is among 20 countries worldwide that are gaining momentum in the attainment of the Millennium Development Goals (MDGs), whose deadline is 2015. DPS Juldeh Ceesay made this disclosure Wednesday in Basse, Upper River Region (URR) during a daylong dissemination workshop on the MDG report 2012.
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Gambia: IMF Mission Calls for Restoration of Macroeconomic Stability


In a statement issued at the end of a mission to The Gambia to review the policy implementation under the Gambia's Extended Credit Facility-supported program with the IMF, the IMF said while it supports the government's development agenda outlined in the Program for Accelerated Growth and Employment (PAGE), these development plans can only be fulfilled under conditions of sustained macroeconomic stability.
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Gambia: Rural Poverty and Rural Finance Project

 This Column is meant to monitor and report on issues that concern the people of the rural area and their development and welfare. In this edition, we bring to the attention of our readers poverty and Finance in the rural areas.

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Access Bank gives helping hand to Tallinding Annex Lower Basic School

Access Bank The Gambia on Friday presented thirty-nine bags of cement to Tallinding Annex Lower Basic School to support the ongoing construction of a dinning hall for the school.
The official presentation of the cement was attended by senior officials of the bank and the school administration.
Speaking on behalf of Access Bank management, Abdouramani Saye, Head of Retail Banking at the Serrekunda branch, said Access Bank as part of its core values for education, decided to give a helping hand to the school.
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ECONOMYWATCH: Striking a balance in the forex conundrum

The recent depreciation of the Gambian dalasi against international trade currencies, such as the dollar, the euro, the pound and the CFA, attracted a swift reaction from The Gambia Government through the Central Bank of The Gambia (CBG).
The reaction of the CBG led to the suspension of three major money transfer operators - Ria, Money Express and Wari - from operating in the country’s foreign exchange market.
The Central Bank also had the belief that speculative activity by market operators in the domestic forei
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Gambia: Nams Ratify Loan Agreement for GGC (U.S.$ 27 Million)

Members of the National Assembly have on Tuesday, 2nd July, 2013 ratified an agreement with the Islamic Development Bank amounting to USD27,370,000.00 (Twenty-seven million, three hundred and seventy thousand US Dollars) to finance the construction of the assets of GGC, through ISTISNA'A for use in enhancing the value addition in the Groundnut sec

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