US EditionThe Gambia's Economy Rebounds, Yet Rising Debt Casts A Long Shadow On Progress – The Standard Newspaper
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The Gambia's Economy Rebounds, Yet Rising Debt Casts A Long Shadow On Progress – The Standard Newspaper
The World Bank’s Gambia Economic Update (Spring 2025) hails the country’s strong 5.7% growth in 2024, driven by agriculture, services, remittances, and tourism, but warns that soaring public debt has become a crippling burden. It concludes that without bold reforms in revenue, spending, and debt management, this “Achilles heel” could derail The Gambia’s fragile economic progress.The World Bank’s Economic Policy Global Department, working alongsi…
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