Fuel is one of the most used natural resources in the world. Cars, generators, and other heavy equipment all use one fuel type or the other to operate. As an input into transport machines such as vans, ferries, and taxis, fuel becomes one of the basic commodities the public generally … Read the rest “Understanding Gambia’s Fuel Pricing Structure”
With its turbulent history of weak fiscal management, the Gambia faces a daunting challenge of high debt levels and persistent budget deficits. A shocking debt announcement in 2021 revealed an alarming total public and publicly guaranteed debt stock of USD 1.69 billion (GMD 88.93 billion). Out of this, external debt … Read the rest “The Need for Gambia’s Fiscal Councils to Pave Fiscal Stability”
The Gambia and its offshore areas are believed to have significant potential for oil and gas exploration. In 2019, the Gambian government awarded several exploration licenses to international oil companies through the Ministry of Petroleum and Energy.
These exploration licenses have aroused interest from the international oil industry, with companies … Read the rest “Gambia’s Oil – Does It Worth Exploring When Global Demand is Falling?”