Analysis and Opinion

2018 Survey Reveals Poor Financial Literacy in the Gambia

The ability to manage personal finances is of utmost importance for individual and family wellbeing. People are most likely to avoid financial problems if they keep track of their financial transactions, have a plan and make informed decisions. Financial literacy is an essential step toward financial freedom which requires the development of good financial habits

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personal finance gambia

Survey Report: Personal Finance Management in the Gambia

Data from the 2018 personal financial management survey in the Gambia shows a gap in financial literacy among youths. Download the full report here: Report Personal Finance Among Gambians The Report’s Conclusion Financial freedom is important to economic growth as we all strive for a more inclusive society. However, financial freedom can be achieved through the

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Fintech

Financial Services: What Future Is Holding For Us

The finance service industry provides services to the businesses and individuals relating to the management of money such as banks, insurance companies, stock brokerages and investment funds. The term “financial services” was first coined in the Gramm-Leach-Billey Act in the 1990s which contributed to the union of different companies functioning in the U.S. financial services

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Gambian migrants, gambian diaspora

How Gambia Government Can Work with the Diaspora

President Adama Barrow recently highlighted the role Gambian Diaspora played in returning democracy to the country in his address to world leaders. However, now that we have changed the country’s Chief Executive Officer is there other ways in which the Gambia government can collaborate with the diaspora? Yes, in my opinion. According to the macroeconomists, there

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economic growth and human skill

Relationship between Human Skills and Economic Growth

In the late 20th century, economists have attempted to explain the differences in economic growth rates around the world. Barro (1991) and hundreds of economists pursued the question of what factors determined the substantial observed differences in economic growth. They tested a variety of economic and political explanations, although the modeling invariably incorporated some measure of

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