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About CBG

Roles and Functions of the Central Bank of The Gambia

  • Our Mandate
  • Mission & Vision

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.

Our Mission

To Achieve and Maintain Price and Exchange Stability Underpinned by a Sound and Vibrant Financial System to Encourage and Promote Sustainable Economic development.

Our Vision

We are committed to effectively and efficiently carrying out the following:

  • 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).