The Gambia government projected revenue and grants for the 2021 fiscal year stands at a staggering 25.76 billion dalasi.

Tabling next year’s projected budget before the National Assembly, Finance Minister Mambury Njie told lawmakers: “[The] total revenue and grants in 2021 is projected to reach D 25.76 billion [USD 498.3 million].”

According to the minister, this represents a minimal growth of 5 per cent over 2020 figure which he said stands at D24.4 billion [USD 471.9].

The increment is mainly attributed to project grants projected to come from our development partners, which is expected to reach D8.8 billion (USD 170.2) compared to D8.1 billion (USD 156.7) in 2020,” he said.

Reporting by Adama Makasuba