Central Bank of The Gambia

Achieving the inflation targets as agreed within the framework of the PRGF and WAMZ; Contributing to the development of a strong and sound financial system that will contribute effectively to the economic development of The Gambia as envisaged in the country's Vision 2020 strategic framework; Ensuring efficient payments systems and maintaining the stability of and confidence in the currency; Strengthening internal controls in foreign currency operations and maximize the returns on the external reserves; Contribute to sustainable development of the Gambian economy; Achieve a strong reputation in The Gambia and abroad for sound financial management; and Becoming a founding member central bank of the West African Central Bank (WACB). The mandate of the Central Bank of The Gambia in accordance with the CBG Act 2005 is as follows; Achieve and maintain price stability; Promote and maintain the stability of the currency of The Gambia; Direct and regulate the financial, insurance, banking and currency system in the interest of the economic development of The Gambia; and Encourage and promote sustainable economic development and the efficient utilization of the resources of The Gambia through the effective and efficient operation of a financial system. About CBG