Gambia reveals development plan to give life to economy

Gambia reveals development plan to give life to economy

Gambia’s Vice President Fatoumata Tambajang on Tuesday launched the country’s five-year development plan, which seeks to transform the economy into a vibrant and debt free market.

The development blueprint is centered on good governance, economic advancement, and human rights was revealed to the country’s international partners, according to Awa Sisay, a communication’s officer at the State House.

President Adama Barrow during the State of the Nation address on Monday had spent time outlining some of his administration’s success, most of which was focused on the economy.

The country is struggling with a domestic debt of more than a billion dalasis, far greater than its GDP prompting Barrow to slash the government’s budget.

The EU, which has given the Gambia more than $75 million this year alone, says it will give an additional $37 million dollars before the year’s end to help address illegal migration.

Gambian youths make the third highest arrival per proportion to Europe. Since the defeat of ex-President Yahya Jammeh, the number has slumped.

The IOM and the Gambia’s government has so far repatriated more than 350 Gambians, who decided to return to The Gambia after facing difficulties on their perilous journey to reach Europe.

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