Gambia Spends Over D8.13 Billion in First Quarter

Gambia Spends Over D8.13 Billion in First Quarter

The Gambia's total government expenditure for the first quarter of 2025 stood at Eight Billion One Hundred and Thirty Million Dalasi (GMD 8.130 billion), according to Finance and Economic Affairs Minister Seedy Keita. The figure represents a 3 percent decrease compared to the quarterly budget estimate of GMD 8.352 billion, a drop attributed to lower-than-expected interest payments and rationalized spending on goods and services.

Gambia’s revenue beats expectations – Finance Minister tells deputies

He explained that this positive performance was largely driven by a 10% increase in tax revenue, which rose to D6.16 billion, up from a projected D5.62 billion. However, he said this success was tempered by a sharp 40% shortfall in non-tax revenue, indicating ongoing challenges in other income streams. He outlined that “on the spending side, actual total expenditure stood at D8.13 billion, slightly below the D8.35 billion that was budgeted. The …

Gambia Spends Over D8.13 Billion in First Quarter – Foroyaa Newspaper

By Kebba AF Touray The Gambia’s total government expenditure for the first quarter of 2025 stood at Eight Billion One Hundred and Thirty Million Dalasi (GMD 8.130 billion), according to Finance and Economic Affairs Minister Seedy Keita. The figure represents a 3 percent decrease compared to the quarterly budget estimate of GMD 8.352 billion, a drop attributed to lower-than-expected interest payments and rationalized spending on goods and service…