Gambiaj.com – (BANJUL, The Gambia) – The Directorate of Public Finance Management (PFM) under The Gambia’s Ministry of Finance and Economic Affairs (MoFEA) has successfully concluded a five-day review session aimed at evaluating the progress of third-quarter reforms in public financial management. Recently held in Banjul, the session gathered stakeholders to assess ongoing PFM reforms, identify challenges, and explore new initiatives for the upcoming quarter.

The review session served as a platform for stakeholders to report recent progress in the implementation of the PFM reforms, designed to improve transparency and efficiency in public financial management. Participants were also able to discuss obstacles encountered during the reform process and to propose solutions aimed at ensuring continued progress in key areas.

A focal point of the session was the examination of key performance indicators, which provided insights into the overall impact of the reforms and highlighted areas requiring additional attention. The session also included a presentation of the Public Expenditure and Financial Accountability (PEFA) roadmap, a strategic document guiding the effective implementation of reforms. This roadmap outlines critical measures aimed at addressing areas for improvement identified in recent assessments and encourages an approach aligned with MoFEA’s commitment to transparency and fiscal responsibility.

Stakeholders expressed optimism about the future impact of these reforms on institutional efficiency and economic sustainability. The Ministry of Finance reinforced its commitment to equipping stakeholders with the knowledge and tools needed to shape informed financial policies, promote financial discipline, and drive sustainable economic growth in The Gambia.