World Bank pledges $60m in budget support for Gambia

The Gambia will receive $60 million from the World Bank in support of its budget.This was revealed by the Bank’s President for Africa, Makhtar Diop, during a meeting with the government.

Diop stated that $40 million would be given before June while  the balance will be released later.


He said that the funds will help fill empty state coffers following allegations that former Gambian leader, Yahya Jammeh, fled into exile with more than $ 11 million.

According to government officials, the International Monetary Fund and the African Development Bank are expected to hold meetings with Gambian authorities in the coming weeks which could bring in  additional support.


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