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Home Agriculture

Finance Ministry Confirms Billions for Farming as Gov’t Allocates D7.10 billion

Bakary Touray Jr by Bakary Touray Jr
May 8, 2026
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Finance Ministry Confirms Billions for Farming as Gov’t Allocates D7.10 billion
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The Ministry of Finance and Economic Affairs has announced that the Government has allocated D7.10 billion to the agricultural sector, representing 11.97 percent of the approved 2026 Budget (All Funds). The disclosure was made in the 2026 Citizen’s Budget, officially launched on Friday, 8th May 2026.

According to the Ministry, allocations under the Gambia Local Fund (GLF) for agriculture amount to D1.76 billion, equivalent to 4.04 percent of the total budget. The Agriculture Ministry is expected to implement key programs aimed at strengthening food security, including crop production support through fertilizers, seeds, and machinery.

The Finance Ministry also revealed that the Education sector will receive D6.95 billion, accounting for 11.71 percent of the 2026 approved budget. Of this, D5.91 billion is earmarked for Basic Education and D1.04 billion for Higher Education. Under the GLF, allocations total D6.33 billion (D5.91 billion for Basic Education and D425.27 million for Higher Education), representing 14.56 percent.

In addition, the National Accreditation and Quality Assurance Authority (NAQAA), under the Ministry of Higher Education, will benefit from the National Education and Technical Training (NETT) Levy, projected at D74.17 million for 2026.

The Ministry projected total revenue for fiscal year 2026 at D32.2 billion, with grants estimated at D3.67 billion. Funds allocated to education will support teacher training and capacity building in collaboration with institutions such as The Gambia College, University of The Gambia, International Open University, and the University of Applied Science, Engineering and Technology.

Other planned initiatives include scaling up the home-grown school feeding program, renovating storm-damaged school infrastructure, equipping laboratories to enhance practical learning, and strengthening Technical and Vocational Education Training (TVET).

The Citizen’s Budget, designed to promote transparency, accountability, and civic engagement, provides a simplified summary of how government revenues and expenditures will be managed in the 2026 fiscal year.

Tags: AgricultureBudgetEducationFiscal YearGovernmentTRAININGTVET
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Bakary Touray Jr

Bakary Touray Jr

Bakary Touray Jr is a Gambia-based freelance journalist with more than four years of experience. He focuses on reporting on the legislature, sports, and agriculture. He is also a Mandinka News Presenter on Foroyaa Radio. He holds certificates in news writing, radio production and video reporting from the Gambia Press Union School of Journalism. He also holds an advanced level certificate in Media and Communication from Humanity First and The Gambia College. His reports have appeared on the Foroyaa Newspaper since 2016, and on Mansa Banko Online from 2017 to date.

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