Gambia Revenue Soars Past Targets Amid Controversial Tax Exemptions

Finance Minister Seedy Keita made a big choice. He said it was okay not to charge taxes on some cars, which the government buys from other countries.

Mr. Keita thinks this will help the government. It will cost less to get the vehicles it needs. However, only the main part of the government gets this special deal. Other agencies still have to pay.

The government also shared more news. They will change how some taxes work. One tax on green tea is going away, and a new one-percent tax on plane tickets is starting.

Some people are unsure about these changes. They worry the government might get less money, which could make it harder to do important things.

But Mr. Keita has a plan. He wants to make rules about the tax breaks. The rules will make sure they are used correctly.

Mr. Keita said the main government offices do not make their own money, so they need help paying for cars. Other parts of the government do earn funds, so they can cover the taxes themselves.

The tax office is called the GRA. The GRA boss is Yankuba Darboe. Mr. Darboe said his team will watch the cars closely and keep track of how much tax is not paid so they can better plan for the future.

Mr. Keita is happy with the GRA. They did a great job collecting money in 2024. They aimed to get D19.2 billion, but they ended up getting D20.8 billion.

The finance minister knows this was not easy. He thanked the GRA workers and the people who paid their taxes. He said even some big groups did not think the GRA could do it. But they did.

The government wants to keep supporting the GRA. They think the GRA has done amazing things. Mr. Keita said the GRA is earning more than ever before. Five years ago, they got 79 percent less.

New ideas and technology helped a lot. Things are simpler now at the GRA, and the government plans to help them keep getting better.

Even with all this success, tax rates are not going up. In fact, some might drop in 2025. Workers will get to keep more of what they earn.

The government used to let people keep D24,000 tax-free each year. In 2025, that will be D36,000. It is like giving each worker an extra D3000.

Mr. Keita said this is doable because the GRA is running well. He wants everyone to benefit from the good work. And he promises the government will let the GRA keep doing its job without butting in.

The GRA has come a long way. It has overcome a lot to serve the country. The future looks bright if they can keep up the good work. And the government seems ready to cheer them on.
 

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