The state-owned incumbent operator is charged with the task of overseeing the provision of telecommunications and internet service in the Gambia. The mobile market includes four players freely competing, including the incumbent’s mobile brand. The Gambian Public Utilities Regulatory Authority is the regulatory body of the telecommunications industry in the Gambia.
The Gambian government has invested in the agriculture sector because three-quarters of the population depends on the sector for its livelihood and agriculture provides for about one-third of GDP, making The Gambia largely reliant on sufficient rainfall. The agricultural sector has untapped potential – less than half of arable land is cultivated and agricultural productivity is low. Small-scale manufacturing activity features the processing of cashews, groundnuts, fish, and hides. The Gambia’s reexport trade accounts for almost 80% of goods exports and China has been its largest trade partner for both exports and imports for several years.
Economic progress depends on sustained bilateral and multilateral aid, on responsible government economic management, and on continued technical assistance from multilateral and bilateral donors. The country faces a large fiscal deficit and a high domestic debt burden that has crowded out private sector investment and driven interest rates to new highs. The government has committed to taking steps to reduce the deficit, including through expenditure caps, debt consolidation, and reform of state-owned enterprises.