08-11-2026

GambiaThe Point

Gambia targets D3.21B GDP revenue gain by 2030 under new strategy - finance minister

The Gambia has set a target of increasing its domestic revenue by approximately 3.21 percentage points of Gross Domestic Product (GDP) by 2030, under its first-ever Domestic Resource Mobilization Strategy (DRMS) covering the period 2026–2030. Minister of Finance and Economic Affairs, Hon. Seedy K.M. Keita, announced this while addressing the African Tax Administration Forum (ATAF) in Cairo, Egypt, on Wednesday, November 4, 2026, where he outlined the country’s efforts to strengthen domestic revenue mobilization amid growing global economic and financing challenges. Minister Keita said The Gambia’s tax-to-GDP ratio increased from 9.8 per cent in 2020 to approximately 13 per cent by the end of 2025, supported by reforms and strong political leadership. Despite the progress, he acknowledged…

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