{"id":5416,"date":"2021-10-29T16:07:41","date_gmt":"2021-10-29T16:07:41","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/gambias-economy-to-expand-in-2022"},"modified":"2021-10-29T16:22:50","modified_gmt":"2021-10-29T16:22:50","slug":"gambias-economy-to-expand-in-2022","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022","title":{"rendered":"Gambia\u2019s economy to expand in 2022"},"content":{"rendered":"

Africa-Press – Gambia. <\/strong><\/span>Gambia’s economy to expand in 2022 By Alagie Manneh<\/p>\n

The Gambia\u2019s economy is expected to grow at 6.8 percent, according to the finance minister, with all sectors of the GDP expected to register increased growth rates. Mambury Njie was addressing the National Assembly yesterday as he presented the 2022 budget.<\/p>\n

He said the agriculture sector is estimated to grow from 4.5 percent in 2021 to 6.3 percent in 2022. \u201cThis increase is on account of the largest sub-component of agriculture \u2013 crops and forestry which are projected to record improved growth rates.\u201d<\/p>\n

He said the domestic revenue has been projected to increase to D17.6 billion compared to D13.7 billion estimated in 2021. \u201cThis is a 16 percent increase which is equivalent to D4.1 billion. Both tax and non-tax revenues are the sources of the increase as government is improving efficiency of revenue collections and limiting the revenue loss through the granting of duty waivers.<\/p>\n

\u201cTotal grants are projected to increase slightly by 2.3 percent from D12 billion in 2021 to D12.3 billion in 2022. The slight increase is due to a decline in programme grants as support that was received in 2021 for the Covid-19 pandemic would not be forthcoming in the coming year. This was however offset by a greater increase in project grants.\u201d<\/p>\n

He said as part of government\u2019s efforts for fiscal consolidation, total expenditure is expected to increase slightly by less than 2 percent from D31.8 billion in 2021 to D32.2 billion in 2022.<\/p>\n

\u201cThis is due to a significant decline in other current expenditure as much of the Covid-related health expenditure made in 2021 are not factored in the 2022 budget estimates.\u201d<\/p>\n

He used his speech to remind the audience that prior to the global Covid-19 pandemic, the country had faced a wide range of political, social, economic, and environmental challenges.<\/p>\n

\u201cYet throughout these challenges, the Barrow government continued to open the door of opportunities and launched much-needed reforms across all sectors of the economy,\u201d Minister Njie said.<\/p>\n

He said these include macroeconomic and in economic governance reforms, better management of the country\u2019s natural resources, and the development of human capital.<\/p>\n

\u201cWe also undertook reforms in our security sector while striving to harness the potentials of digitalisation, multilateralism, global trade, and data for development,\u201d he said.<\/p>\n

For More News And Analysis About Gambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Gambia. Gambia’s economy to expand in 2022 By Alagie Manneh The Gambia\u2019s economy is expected to grow at 6.8 percent, according to the finance minister, with all sectors of the GDP expected to register increased growth rates. Mambury Njie was addressing the National Assembly yesterday as he presented the 2022 budget. He said […]<\/p>\n","protected":false},"author":84,"featured_media":5415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8],"tags":[2355,2361,260,2470,2469],"class_list":["post-5416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","tag-africa-press","tag-africa-press-gambia","tag-gambia","tag-gambias-economy","tag-global-covid-19-pandemic"],"yoast_head":"\nGambia\u2019s economy to expand in 2022 - Gambia<\/title>\n<meta name=\"description\" content=\"Gambia's economy to expand in 2022 By Alagie Manneh The Gambia\u2019s economy is expected to grow at 6.8 percent, according ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gambia\u2019s economy to expand in 2022\" \/>\n<meta property=\"og:description\" content=\"Gambia's economy to expand in 2022 By Alagie Manneh The Gambia\u2019s economy is expected to grow at 6.8 percent, according ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-29T16:07:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-29T16:22:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"728\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gambia\u2019s economy to expand in 2022\",\"datePublished\":\"2021-10-29T16:07:41+00:00\",\"dateModified\":\"2021-10-29T16:22:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022\"},\"wordCount\":383,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\",\"Gambia\u2019s economy\",\"global Covid-19 pandemic\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022\",\"name\":\"Gambia\u2019s economy to expand in 2022 - Gambia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg\",\"datePublished\":\"2021-10-29T16:07:41+00:00\",\"dateModified\":\"2021-10-29T16:22:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Gambia's economy to expand in 2022 By Alagie Manneh The Gambia\u2019s economy is expected to grow at 6.8 percent, according ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg\",\"width\":728,\"height\":410,\"caption\":\"Gambia\u2019s economy to expand in 2022\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/gambia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gambia\u2019s economy to expand in 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/\",\"name\":\"Gambia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/gambia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gambia\u2019s economy to expand in 2022 - Gambia","description":"Gambia's economy to expand in 2022 By Alagie Manneh The Gambia\u2019s economy is expected to grow at 6.8 percent, according ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022","og_locale":"en_US","og_type":"article","og_title":"Gambia\u2019s economy to expand in 2022","og_description":"Gambia's economy to expand in 2022 By Alagie Manneh The Gambia\u2019s economy is expected to grow at 6.8 percent, according ...","og_url":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022","og_site_name":"Gambia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-10-29T16:07:41+00:00","article_modified_time":"2021-10-29T16:22:50+00:00","og_image":[{"width":728,"height":410,"url":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Gambia\u2019s economy to expand in 2022","datePublished":"2021-10-29T16:07:41+00:00","dateModified":"2021-10-29T16:22:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022"},"wordCount":383,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg","keywords":["Africa Press","Africa Press-Gambia","Gambia","Gambia\u2019s economy","global Covid-19 pandemic"],"articleSection":["all news","Economy","head lines","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022","url":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022","name":"Gambia\u2019s economy to expand in 2022 - Gambia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/gambia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg","datePublished":"2021-10-29T16:07:41+00:00","dateModified":"2021-10-29T16:22:50+00:00","author":{"@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Gambia's economy to expand in 2022 By Alagie Manneh The Gambia\u2019s economy is expected to grow at 6.8 percent, according ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#primaryimage","url":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg","contentUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2021\/10\/img-617c1fb57dddf.jpg","width":728,"height":410,"caption":"Gambia\u2019s economy to expand in 2022"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambias-economy-to-expand-in-2022#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/gambia\/"},{"@type":"ListItem","position":2,"name":"Gambia\u2019s economy to expand in 2022"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/gambia\/#website","url":"https:\/\/www.africa-press.net\/gambia\/","name":"Gambia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/gambia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts\/5416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/comments?post=5416"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts\/5416\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/media\/5415"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/media?parent=5416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/categories?post=5416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/tags?post=5416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}