
Government Budget Deficit Widens, Central Bank Strangely Reports Declining Inflation
The governor of the Central Bank of The Gambia, Buah Saidy, revealed in a press conference that the government’s overall budget deficit had expanded to D18.5 billion (12.9% of GDP) in 2023, up from D15.3 billion (12.5% of GDP) the previous year. This increase of D3 billion was driven by a rise in total revenue and grants, which reached D31.9 billion, a 39.4% increase from the previous year.








