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This was disclosed by Gambia’s Minister of Finance and Economic Affairs, Seedy Keita, at a side event at the ECOWAS ministerial meeting in Abuja last week.
The payment signals the Economic Community of West African States (ECOWAS)’ commitment to fiscal responsibility and solidarity.
“We firmly believe that one of the most contentious issues is the issue of community taxes,” he said. “I am happy to report that The Gambia is one of the member states that has no arrears in community taxes, I think The Gambia and Guinea-Bissau are two of them.”
“We adhere to the spirit and conditions of the community taxation agreement. We will not mix the proceeds of community taxation with our national resources. We collect them and remit them to ECOWAS in accordance with the existing agreement.”
He added that part of the discussion at the meeting was for other countries to follow Gambia’s lead.
Community tax has been one of the fundamental issues of the Abuja conference.
In his speech, the President of the ECOWAS Commission urged member states to meet their community tax responsibilities, while explaining the fiscal challenges facing the region.
The Gambia’s compliance with its financial obligations underscores its commitment to supporting ECOWAS initiatives aimed at promoting economic development, political stability and regional integration in West Africa.
By honouring its financial commitments, The Gambia has not only strengthened its partnership with other member States but also enhanced its standing within ECOWAS.
This achievement is expected to strengthen The Gambia’s voice in ECOWAS decision-making processes and enhance its capacity to actively participate in regional projects and programmes. As ECOWAS continues to address various regional challenges and opportunities, The Gambia’s contribution sets a positive example for other member states and strengthens the organization’s collective efforts for sustainable development and cooperation in West Africa.
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