{"id":83094,"date":"2025-07-31T19:21:15","date_gmt":"2025-07-31T19:21:15","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/gambia-others-trained-to-manage-public-debt"},"modified":"2025-07-31T19:38:40","modified_gmt":"2025-07-31T19:38:40","slug":"gambia-others-trained-to-manage-public-debt","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt","title":{"rendered":"Gambia, Others Trained to Manage Public Debt"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>Twenty-nine managers from The Gambia, Ghana, Liberia, Nigeria and Sierra Leone received hands-on training recently to manage their public debt portfolios using Commonwealth software.<\/b><\/p>\n<p>Held from 7 to 11 July in Abuja, the training course was delivered by the Commonwealth Secretariat in partnership with the West African Institute for Financial and Economic Management (WAIFEM).<\/p>\n<p>Participants were trained in the use of Commonwealth Meridian, a software used by all five countries to record, manage and monitor public debt in line with internationally recognised standards.<\/p>\n<p>The training comes at a time when public debt levels are increasing in the five West African countries. According to the International Monetary Fund, their average public debt reached 58 per cent of gross domestic product (GDP) by the end of 2024, up from 34 per cent in 2019, before the COVID-19 pandemic.<\/p>\n<p>In an address on behalf of the Governor of the Central Bank of Nigeria, Dr Afangideh Udoma Johnson, Director of the Bank\u2019s Monetary Policy Department, said: \u201cSound public debt management is not a luxury; it is a necessity. At the heart of it lies a critical element: accurate, comprehensive, and timely debt data.\u201d<\/p>\n<p>He explained that without reliable data, governments cannot make informed policy decisions, creditors cannot assess financial risk, and citizens cannot hold governments accountable.<\/p>\n<p>He described the regional training as \u201ca vital step\u201d in helping countries in West Africa modernise their debt management systems and prepare for future economic shocks.<\/p>\n<p>During the training, participants also discussed the real-world challenges they face in collecting and reporting debt data, and explored how Meridian could help address those issues and promote transparency.<\/p>\n<p>Hadiza Kande, a manager in the Monetary Policy Department at the Central Bank of Nigeria, said the training had a positive impact on her work.<\/p>\n<p>She added: \u201cAs someone previously unfamiliar with the software, I found the structured guidance immensely helpful.<\/p>\n<p>\u201cThe emphasis on reporting and debt sustainability concepts added valuable depth, highlighting how properly generated reports can serve as critical tools for evidence-based policy formulation and strategic decision making,\u201d she concluded.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Gambia<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. Twenty-nine managers from The Gambia, Ghana, Liberia, Nigeria and Sierra Leone received hands-on training recently to manage their public debt portfolios using Commonwealth software. Held from 7 to 11 July in Abuja, the training course was delivered by the Commonwealth Secretariat in partnership with the West African Institute for Financial and Economic [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":83093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[260],"class_list":["post-83094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gambia, Others Trained to Manage Public Debt - Gambia<\/title>\n<meta name=\"description\" content=\"Twenty-nine managers from The Gambia, Ghana, Liberia, Nigeria and Sierra Leone received hands-on training recently to ...\" \/>\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\/gambia-others-trained-to-manage-public-debt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gambia, Others Trained to Manage Public Debt\" \/>\n<meta property=\"og:description\" content=\"Twenty-nine managers from The Gambia, Ghana, Liberia, Nigeria and Sierra Leone received hands-on training recently to ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt\" \/>\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=\"2025-07-31T19:21:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-31T19:38:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/07\/sm_1753977981.851174.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1867\" \/>\n\t<meta property=\"og:image:height\" content=\"1048\" \/>\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\/gambia-others-trained-to-manage-public-debt#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gambia, Others Trained to Manage Public Debt\",\"datePublished\":\"2025-07-31T19:21:15+00:00\",\"dateModified\":\"2025-07-31T19:38:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt\"},\"wordCount\":353,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/07\/sm_1753977981.851174.jpg\",\"keywords\":[\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/gambia-others-trained-to-manage-public-debt\",\"name\":\"Gambia, Others Trained to Manage Public Debt - 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