IMF Approves $21.3 million & Debt Relief for Gambia to Fight COVID-19

15th April 2020, the Executive Board of the International Monetary Fund (IMF) has approved a disbursement of SDR 15.55 million (about US$21.3 million or 25 percent of its SDR quota) for The Gambia under the Rapid Credit Facility (RCF). The financing provided under the RCF will help the country meet its urgent balance-of-payments (BOP) need as […]

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world bank

COVID-19 – World Bank Approves $10 million for Gambia

Washington, April 2, 2020 – The World Bank Board approved today a $10 million grant from the International Development Association (IDA)* for The Gambia to provide emergency assistance in the face of the global COVID-19 pandemic. The COVID-19 Response and Preparedness Project will enhance case detection, tracing, and reporting, as well as provide equipment to isolation

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personal finance and coronavirus

Coronavirus – Managing Personal Finances during the Crisis

With over 275,000 global coronavirus cases and 11,500 plus deaths (21-Mar-2020), Covid-19 the invisible disease has truly wreaked havoc on our personal finances ( See the footnote). This pandemic situation may lead to a global economic crisis as cities shut down, companies close and individual losses their jobs. I can therefore confidently write that the

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What’s is Business Liability in Work-related Car Accidents?

As unfortunate as it may sound, accidents are the mysteries of life. Sometimes they are unpreventable, and when they occur, they leave permanent physical, psychological, and even financial marks or losses. Sadly, car accidents do occur and they also affect those who use business cars to conduct their everyday duties or work. Such people include

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