State House, Banjul, 12th April 2022: Cabinet has commissioned an 8-member Economic Taskforce to look into the recent rise in fuel and commodity prices and the implication of the Russia-Ukraine war on all sectors of the economy.
The Taskforce is assigned to develop a diagnostic analysis of the current situation of the economy and recommend measures to mitigate the impact of the conflict on the living conditions of people in The Gambia.
The Taskforce comprises members from the Ministry of Finance and Economic Affairs,
Accountant General’s Department, Gambia Revenue Authority, Gambia Public Procurement
Authority, Central Bank of The Gambia, Ministry of Trade Regional Integration and Employment, Gambia Investment and Export Promotion Agency and Ministry of Agriculture.
The Taskforce is expected to present a report in two weeks.
Cost Control Circular
In another development, the Secretary-General and Head of the Civil Service, Mr Noah Touray,
dispatched a circular to inform all Ministries, Departments and Agencies, of immediate measures to mitigate the impact of current global economic uncertainties.