{"id":91927,"date":"2025-12-13T06:37:02","date_gmt":"2025-12-13T06:37:02","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/cost-of-living-stabilized-as-inflation-falls"},"modified":"2025-12-13T07:03:05","modified_gmt":"2025-12-13T07:03:05","slug":"cost-of-living-stabilized-as-inflation-falls","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls","title":{"rendered":"Cost of Living Stabilized as Inflation Falls"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>The Gambia\u2019s Minister of Information, Media, and Broadcasting Services, Dr. Ismaila Ceesay, said this week that the country\u2019s cost of living has begun to stabilize, citing a sharp drop in inflation and what he described as improved fiscal discipline under the Barrow administration.<\/b><\/p>\n<p>Speaking during his weekly government briefing on the radio program Coffee Time With Peter Gomez, Dr. Ceesay noted that year-on-year inflation had fallen from 17 percent in September 2024 to 7.4 percent in September 2025. The easing, he said, has helped temper the prices of essential goods.<\/p>\n<p>\u201cSo year-on-year inflation has gone down. And the cost of living has been stabilized, particularly the price of basic commodities. Now you can buy a bag of rice for D1,700 at retail price,\u201d he said.<\/p>\n<p>He indicated that the budget now prioritizes strong revenue mobilization, prudent fiscal management, and a reduced deficit.<\/p>\n<p>Dr. Ceesay said the government\u2019s current budget places stronger emphasis on revenue mobilization, prudent spending, and narrowing the deficit. Unlike many Western nations, he argued, The Gambia is not facing what he called \u201cbig holes\u201d in public finances that require steep tax hikes or cuts to social spending.<\/p>\n<p>According to the minister, the Barrow administration\u2019s budget deficit stands at roughly 1 percent of GDP. He pointed to ongoing subventions and social protection programs as evidence that the government has maintained support for vulnerable households despite fiscal constraints.<\/p>\n<p>Among those programs is the NAFA initiative, which provides monthly cash transfers through the Ministry of Gender to elderly citizens, widows, and people living with disabilities.<\/p>\n<p>Dr. Ceesay also defended the government\u2019s agricultural subsidies, challenging critics to show that previous administrations had provided greater assistance to farmers. While acknowledging complaints from the farming community, he said The Gambia\u2019s support remains comparatively strong within the subregion.<\/p>\n<p>\u201cSo the issue is that yes, farmers will complain about it, but in the sub-region, it cannot be matched in terms of the price. So what we are saying is that we are giving what we can do. Gambia is not a resource-rich country.\u201d<\/p>\n<p>He noted that The Gambia lacks major natural resources such as gold or diamonds and has yet to confirm commercial reserves of oil and gas.<\/p>\n<p>Dr. Ceesay said the government, therefore, relies primarily on domestic revenue and assistance from development partners to fund its programs.<\/p>\n<p>\u201cAnd we are able to do all these things. No country has achieved what we have achieved after transitioning from either war to democracy or from autocracy to democracy,\u201d he said<\/p>\n<p>The minister argued that the administration\u2019s performance is even more remarkable given what he described as a series of destabilizing challenges\u2014a fraught political transition, the COVID-19 pandemic, two global conflicts, and what he called efforts by the United Democratic Party (UDP) to undermine President Barrow\u2019s first term.<\/p>\n<p>\u201cAfter all these challenges, the president is able to deliver what he has delivered. It is unprecedented. No government can do it.\u201c<\/p>\n<p>\u201cSo we are better off today in every sector, healthcare, education, agriculture, women empowerment, youth empowerment, electricity, water, you name it,\u201d he added.<\/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. The Gambia\u2019s Minister of Information, Media, and Broadcasting Services, Dr. Ismaila Ceesay, said this week that the country\u2019s cost of living has begun to stabilize, citing a sharp drop in inflation and what he described as improved fiscal discipline under the Barrow administration. Speaking during his weekly government briefing on the radio [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":91926,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[260],"class_list":["post-91927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","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>Cost of Living Stabilized as Inflation Falls - Gambia<\/title>\n<meta name=\"description\" content=\"The Gambia\u2019s Minister of Information, Media, and Broadcasting Services, Dr. Ismaila Ceesay, said this week that the c ...\" \/>\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\/cost-of-living-stabilized-as-inflation-falls\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cost of Living Stabilized as Inflation Falls\" \/>\n<meta property=\"og:description\" content=\"The Gambia\u2019s Minister of Information, Media, and Broadcasting Services, Dr. Ismaila Ceesay, said this week that the c ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls\" \/>\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=\"2025-12-13T06:37:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-13T07:03:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/12\/sm_1765596699.136643.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=\"3 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\/cost-of-living-stabilized-as-inflation-falls#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Cost of Living Stabilized as Inflation Falls\",\"datePublished\":\"2025-12-13T06:37:02+00:00\",\"dateModified\":\"2025-12-13T07:03:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls\"},\"wordCount\":529,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/12\/sm_1765596699.136643.jpg\",\"keywords\":[\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/cost-of-living-stabilized-as-inflation-falls\",\"name\":\"Cost of Living Stabilized as Inflation Falls - 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