{"id":91501,"date":"2025-12-07T07:08:29","date_gmt":"2025-12-07T07:08:29","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/finance-minister-projects-d52-4-billion-spending-by-2026"},"modified":"2025-12-08T09:06:45","modified_gmt":"2025-12-08T09:06:45","slug":"finance-minister-projects-d52-4-billion-spending-by-2026","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026","title":{"rendered":"Finance Minister Projects D52.4 Billion Spending by 2026"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>Gambia\u2019s Minister of Finance and Economic Affairs, Seedy Keita, said on Friday that government spending is expected to rise to D52.4 billion in 2026, driven largely by election-year costs, the clearing of domestic arrears, and expanded subsidy commitments.<\/b><\/p>\n<p>The projection represents a nominal year-on-year increase of 12 percent from the 2025 budget. \u201cThis will be driven by funding of election-related activities, clearance of expenditure arrears, and full provisioning of subsidies,\u201d Mr. Keita said as he presented the government\u2019s medium-term expenditure outlook.<\/p>\n<p>Recurrent spending is expected to reach D31.3 billion in 2026, while capital expenditure and net lending are projected at D19.5 billion. Personnel costs alone are forecast to rise to D10.3 billion\u2014an increase of about 5 percent\u2014reflecting promotions and grade adjustments across the civil service.<\/p>\n<p>Mr. Keita also pointed to last year\u2019s major public-sector salary adjustment, which he said has raised cumulative salary increases under the current administration to 110 percent. That reform, he noted, continues to \u201cimprove the well-being of Gambians,\u201d he said.<\/p>\n<p>Spending on goods and services\u2014classified as \u201cother charges\u201d in the budget\u2014will also expand, driven by election preparations, arrears payments, and ongoing subsidies, including support to the national electricity utility.<\/p>\n<p>\u201cOther charges will be driven by the funding of election-related activities, clearance of domestic arrears, full provisioning of subsidies, and electricity subsidy,\u201d he said.<\/p>\n<p>On capital expenditure, the minister said most major road projects are now funded through the National Road Fund under the Ministry of Transport, with only limited financing coming directly from the central government.<\/p>\n<p>Looking ahead, Mr. Keita said the government aims to keep spending growth below the pace of nominal GDP expansion as part of a broader medium-term strategy to stabilize public finances. Fiscal reforms\u2014including the rollout of program-based budgeting, the rationalization of redundant agencies, and a restructuring of state-owned enterprises\u2014will be central to that effort.<\/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. Gambia\u2019s Minister of Finance and Economic Affairs, Seedy Keita, said on Friday that government spending is expected to rise to D52.4 billion in 2026, driven largely by election-year costs, the clearing of domestic arrears, and expanded subsidy commitments. The projection represents a nominal year-on-year increase of 12 percent from the 2025 budget. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":91500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[260],"class_list":["post-91501","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>Finance Minister Projects D52.4 Billion Spending by 2026 - Gambia<\/title>\n<meta name=\"description\" content=\"Gambia\u2019s Minister of Finance and Economic Affairs, Seedy Keita, said on Friday that government spending is expected t ...\" \/>\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\/finance-minister-projects-d52-4-billion-spending-by-2026\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Minister Projects D52.4 Billion Spending by 2026\" \/>\n<meta property=\"og:description\" content=\"Gambia\u2019s Minister of Finance and Economic Affairs, Seedy Keita, said on Friday that government spending is expected t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026\" \/>\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=\"2025-12-07T07:08:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-08T09:06:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/12\/sm_1765079145.167849.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\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\/finance-minister-projects-d52-4-billion-spending-by-2026#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Finance Minister Projects D52.4 Billion Spending by 2026\",\"datePublished\":\"2025-12-07T07:08:29+00:00\",\"dateModified\":\"2025-12-08T09:06:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026\"},\"wordCount\":325,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/12\/sm_1765079145.167849.jpg\",\"keywords\":[\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/finance-minister-projects-d52-4-billion-spending-by-2026\",\"name\":\"Finance Minister Projects D52.4 Billion Spending by 2026 - 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