Africa-Press – Gambia. The Gambia has announced a D55.3 billion national budget for 2026, presented to the National Assembly on Friday by Finance Minister Seedy Keita.
The spending plan, which the government says is aimed at improving citizens’ quality of life, comes as the country’s public debt climbs to a record D129.5 billion, driven by domestic borrowing and currency depreciation.
Minister Keita said the 2026 budget prioritizes macroeconomic stability, structural reforms, and stronger public financial management. Human capital sectors — Health, Education, and Agriculture — account for D18.6 billion, more than 35 percent of total expenditure and the highest such allocation in the nation’s history.
The government projects real GDP growth of 5.9 percent in 2025, up from 5.6 percent in 2024 and above the Sub-Saharan African average. Inflation has eased from 10 percent in September 2024 to 7 percent by October 2025, while the dalasi has stabilized on the back of rising remittances and tourism earnings.
Revenue reforms are also yielding results, with domestic tax receipts surpassing targets. The tax-to-GDP ratio is expected to increase from 12 percent in 2025 to 13.2 percent in 2026, though it remains below regional benchmarks. The fiscal deficit is projected to narrow to 1 percent of GDP next year, a move the minister said supports debt sustainability and reduces reliance on borrowing.
Major infrastructure spending includes ongoing 355-kilometre road projects, expanded solar-based and regional electricity generation, and continued modernization of Banjul’s port and airport. In the agriculture sector, the government plans to provide D900 million in subsidies for seeds and fertilizers, as well as equity support to the National Food Security Corporation.
Social development programs will also see increased funding, including expanded healthcare coverage, stronger education initiatives, and targeted assistance for vulnerable groups, youth, and women. The Social Protection Agency reported full coverage of the national social registry, making The Gambia the only Sub-Saharan African country with comprehensive data for targeted welfare programs.
“This budget reflects our determination to invest in the future of Gambians, even amid fiscal constraints,” Minister Keita said, emphasizing the government’s focus on inclusive growth, improved public services, and strengthened social safety nets.
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