The Ministry of Petroleum and Energy committed to increasing private sector participation in electricity generation, through the Cabinet, issued and published an order mandating the competitive tendering of power generation projects to support electricity cost recovery and affordability while reducing fiscal transfers to the sector.
Banjul, The Gambia – [27th June 2024]: The State-Owned Enterprise (SOE) Commission is pleased to announce that the Social Security and Housing Corporation (SSHFC) has successfully met some of the performance criteria outlined in their signed Performance Contract with the government. After a comprehensive review and assessment, the SOE Commission has determined that SSHFC’s performance
The Ministry of Finance and Economic Affairs wishes to inform the general public that it has again learned with serious concerns about the fake news circulating the Internet on a funding opportunity of US$ 11 billion agreement with the AfDB and UNESCO to support SMEs. This is totally false and malicious, and the Ministry does
PRESS STATEMENT ON THE FAKE NEWS CIRCULATING THE INTERNET ON SMEs FUNDING OPPORTUNITY Read More »
The Director General of Internal Audit under the Ministry of Finance and Economic Affairs, Mr. Modou Ceesay has been appointed as the Auditor General of the National Audit Office. This information reached us on the 16th Nov. 2022. Mr. Ceesay is a finance, audit & risk management professional. Until his appointment as AG, he was
Director General Internal Audit Appointed Auditor General Read More »
The Ministry of Finance and Economic Affairs with the World Bank conducted the first steering committee meeting on the Turn Around Allocation (TAA) strategy on the 18th of January 2023 at SDKJ-ICC. In attendance were the Honourable Ministers, Permanent Secretaries, UN Agencies, Civil Society Organisations, and Planning Technicians from other ministries. Within the context of solid policy and institutional arrangements,
Maiden Steering Committee Meeting of The Turn-Around Allocation Strategy (Taa) Read More »
The Directorate of Development Planning of the Ministry of Finance and Economic Affairs on the 21st December 2023 invited stakeholders (MDAs, development partners, the private sector, CSOs, etc.) to take part in the validation workshop of the Draft National Development Plan called the Green Recovery Focused NDP (NDP 2023-2027). In his opening statement, the Permanent Secretary
UNITED NATIONS DEVELOPMENT PROGRAMME PRESS RELEASE Given its significant renewable energy resource potential, the Sahel can become the first African region to pioneer and champion an industrial revolution fuelled by renewable energy investments that go beyond domestic use, by establishing and leveraging green value chains that reduce poverty and create jobs. Addis Ababa, 16