Momodou Sabally, a presidential adviser, has hailed the nation’s “financial development“ below President Adama Barrow’s management, noting that the nation has been ranked by the International Monetary Fund (IMF) among the many high 20 fastest-growing economies globally.
Sabally, who was as soon as an outspoken critic of the Barrow administration whereas in opposition, now praises the federal government’s efforts in steering the nation in direction of sustained financial progress.
Speaking on the Coffee Time present, he shared optimism about Gambia’s financial trajectory, highlighting a projected development price of 5.8% for this 12 months.
“This year, Gambia is on track for a fantastic growth rate of 5.8%, and we are proud to be ranked among the world’s top 20 fastest-growing economies by the IMF,” Sabally mentioned.
“Inflation has also dropped significantly, from 18.5% a year ago to 10% today, showing clear progress in economic stability,” he added.
Sabally’s remarks replicate a major shift in his stance towards the Barrow administration, which he now credit for efficiently remodeling the nation’s improvement trajectory and fostering optimistic change within the nationwide financial system.
Reporting by Adama Makasuba
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