By Kebba AF Touray
The Finance Minister, Seedy Keita, recently revealed to the National Assembly that revenue by the Gambia government in 2025, hits D33.1 Billion.
Mr Keita appeared before Parliamentarians on Tuesday 30th June, 2026 to lay the government’s public accounts for the year of 2025 as well as on the report of the Auditor General on the financial statements and management letter of the financial statements of the government for the year ended 31st December, 2025.
The financial statements comprise the following. Consolidated Statement of Cash Receipts and Payments, IPSA’s cash basis, Statement of Revenue and Expenditure, Consolidated Fund, Detailed Revenue and Expenditure Comparison, and the Associated Accounting Policy Notes and Explanations. Additional statements were also included as required by Section 63 of the Public Finance Act 2014 and Part 2 of IPSA’s cash basis standards.
The laying of the government’s public accounts for the year 2025 marks a significant milestone in Gambia’s public financial management.
For the first time in more than 30 years, the government financial statements have been prepared and audited within the statutory reporting timeline.
These achievements reflect our unwavering commitment to strengthening public financial management, fiscal discipline, enhancing transparency, and improving accountability in the management of public resources.
Analysis of the 2025 financial statements.
He told the assembly “In 2025, government revenues strengthened significantly, reaching D33.1 billion, equivalent to 103% of the approved budget. Tax revenue D23.1 billion, which is 109% of the target, accounting for 81% of the domestic revenue.”
Non-tax revenue, he said, also stood at D5.4 billion, which is 68% of the target, representing 18.9% of the domestic revenue, and grants of D4.6 billion, which is 152% above the target.
He added “Total expenditure amounted to D36.4 billion, broadly in line with the approved budget. Government operations, D15.9 billion. Transfers to other government entities D6.7 billion. Capital expenditure D2.2 billion.”
Interest payment, he said at D5.9 billion, social benefit at D507.9 billion, whilst other expenses at D5.1 billion.
According to the Finance Minister, these results demonstrate government continued commitment to fiscal discipline, stronger revenue mobilisation, and prudent expenditure management.
He also told the lawmakers that the financial statement of 2025 reflects that, despite the challenges faced, the financial affairs of the government are being managed prudently.
Mr Keita told members of the National Assembly that presenting the public finance accounts for the year 2025, before the August Assembly, within the constitutionally stipulated time, is historic and is a significant milestone in the financial reporting of The Gambia.
He said “For the first time, the statutory timeline for the preparation and audit has been met successfully, clearing a long-standing boundary of national accounts.”
These achievements, according to him, demonstrate not only their determination to keep pace with international best practices, but also their firm commitment to timely, in-year reporting.
He said that more importantly, “it reaffirms our dedication to transparency, accountability, and service to the people of this nation. These achievements could not have been realized without the dedication and commitment of the staff of the Accountant General and the Auditor General here present, who worked tirelessly to meet this deadline.”
In the same vein, he expressed his appreciation and gratitude to the Honorable Assembly and all the MDAs of the government, whose collaboration enabled this realization of this significant milestone.
He said “I therefore respectfully lay the financial statement for the year ended 31st of December 2025, before this August Assembly. I beg to move.”
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