By Lamin Njie
Finance Minister Mambury Njie has said The Gambia has so far received only 10 percent of the 1.8 billion dollars of money pledged to The Gambia at a donor summit in Brussels last year.
President Adama Barrow in May 2018 took part in a conference in Brussels where EU nations and some Arab countries promised to support the country in stabilising its economy. Monies that were pledged totalled 1.8 billion dollars but after over one and a half years, only 10 percent of the staggering sum is what has been disbursed, according to the finance minister.
Mambury Njie speaking at the National Assembly last Friday during the budget speech session said: “Following the Donor Roundtable Conference for the NDP in May 2018 and subsequently, a total of US$1.8 billion was pledged by various Development Partners. Of this, only US$183 million (10 percent of the amount pledged) has been disbursed so far.
“Government will continue to engage with its Partners to ensure that the pledges made materialize into actual resource disbursements for efficient implementation and substantial progress on the outcomes to be made.”
