The Gambia government has reaffirmed its commitment to trade reform and economic resilience during its Fourth Trade Policy Review at the World Trade Organization (WTO) in Geneva.

Leading the Gambian delegation, the Minister of Trade, Industry, Regional Integration and Employment, Hon. Mod K. Ceesay, told WTO members that the country has maintained steady progress since its last review in 2018, despite major global shocks including the COVID-19 pandemic.

He said The Gambia has recorded improved macroeconomic stability, with GDP growth reaching 5.3 percent in 2024, while public debt has declined to around 75 percent of GDP.

The delegation also reported that inflation has continued to ease under what it described as prudent fiscal and monetary policies.

The Government noted that the services sector remains the backbone of the economy, with tourism contributing nearly 58 percent of GDP and supporting more than 80,000 direct and indirect jobs.

Tourist arrivals, according to the presentation, rose to over 226,000 in 2024, reinforcing The Gambia’s position as a net exporter of services.

Officials also highlighted reforms being implemented under the National Development Plan, including measures aimed at improving the investment climate, strengthening trade facilitation, and advancing customs digitalisation.

Banjul International Airport

The delegation further pointed to the country’s growing focus on digital trade and e-commerce initiatives as part of efforts to modernise the economy and widen opportunities for businesses.

WTO members welcomed the update and commended The Gambia for its continued engagement with the multilateral trading system, as the Government reiterated its determination to use trade as a catalyst for sustainable and inclusive economic growth.

By Adama Makasuba

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