Gambia Targets Lower Deficit Amid Economic Growth in 2025

Gambia is set to narrow its budget deficit significantly in 2025 while projecting slightly accelerated economic growth.

 

The fiscal deficit is expected to shrink to 0.1% of the country’s GDP, down from an estimated 2.6% this year, according to Finance Minister Seedy Keita. Speaking in Banjul, the capital, he noted that the economy is on track to grow by 5.8% next year, compared to 5.7% in 2024.

 

These adjustments reflect the government’s efforts to bolster fiscal stability and foster sustainable growth.

 

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