The policy rate is the key lending rate of the Central Bank of The Gambia. Monetary Policy Committee meets every quarter to signal the monetary policy stance of the Bank by setting the key policy rate.
| Meeting Dates | Effective Date | Monetary Policy Rate |
|---|---|---|
| May 30 - May 31,2023 | May 31, 2023 | 16 |
| February 27-28, 2023 | February 28, 2023 | 14 |
| December 7 - 8, 2022 | December 8, 2022 | 13 |
| August 31- September 01, 2022 | September 1, 2022 | 12 |
| May 30-31, 2022 | May 31, 2022 | 11 |
| February 22-23, 2022 | February 23, 2022 | 10 |
| November 24 - 25, 2021 | November 25, 2021 | 10 |
| September 7 - 8, 2021 | September 8, 2021 | 10 |
| May 26 - 27, 2021 | May 27, 2021 | 10 |
| March 3 - 4, 2021 | March 4, 2021 | 10 |
| December 2 - 3, 2020 | December 3, 2020 | 10 |
| August 26 - 27, 2020 | August 27, 2020 | 10 |
| May 27 - 28, 2020 | May 28, 2020 | 10 |
| February 26 - 27, 2020 | February 27, 2020 | 12 |
| November 28, 2019 | November 28, 2019 | 12.5 |
| August 28-29, 2019 | August 29, 2019 | 12.5 |
| May 29-30, 2019 | May 30, 2019 | 12.5 |
| February 27-28, 2019 | February 28, 2019 | 12.5 |
| November 28 - 29, 2018 | November 29, 2018 | 13.5 |
| August 28-29, 2018 | August 29, 2018 | 13.5 |
| May 30 - 31, 2018 | May 31, 2018 | 13.5 |
| February 28 - 29, 2018 | March 1, 2018 | 15 |
| November 22 - 23, 2017 | November 23, 2017 | 15 |
| August 24 - 25, 2017 | August 25, 2017 | 15 |
| June 20 - 21, 2017 | June 21, 2017 | 15 |
| May 8 - 9, 2017 | May 9, 2017 | 20 |
| August 31 -September 01, 2015 | September 1, 2016 | 23 |
| June 8 - 9, 2016 | June 9, 2016 | 23 |
| February 3 - 4, 2016 | February 4, 2016 | 23 |
| November 04-05, 2015 | November 5, 2015 | 23 |
| August 5 - 6, 2015 | August 6, 2015 | 23 |
| May 6 - 7, 2015 | May 7, 2015 | 23 |
| February 23-24, 2015 | February 24, 2015 | 22 |
| November 24 -25, 2014 | November 25, 2014 | 22 |
| August 06 - 07, 2014 | August 7, 2014 | 22 |
| May 12 - 13, 2014 | May 13, 2014 | 20 |
| January 30-31, 2014 | January 31, 2014 | 20 |
| June 20-21, 2013 | June 21, 2013 | 18 |
| May 06-07, 2013 | May 7, 2013 | 14 |
| January 31, 2013 - February 04, 2013 | February 1, 2013 | 12 |
| November 01 - 02, 2012 | November 2, 2012 | 12 |
| July 26 - 27, 2012 | July 27, 2012 | 12 |
| May 10 - 11, 2012 | May 11, 2012 | 13 |
| January 30 - 31, 2012 | January 31, 2012 | 13 |
| October 27 - 28, 2011 | October 28, 2011 | 14 |
| July 28, 2011 | July 28, 2011 | 15 |
| April 28, 2011 | April 28, 2011 | 15 |
| January 20 - 21, 2011 | January 21, 2011 | 15 |
| August 31 - September 1, 2010 | September 1, 2010 | 15 |
| June 2 - 3, 2010 | June 3, 2010 | 14 |
| February 23 - 24, 2010 | February 24, 2010 | 14 |
| December 29 - 20, 2009 | December 29, 2009 | 14 |
| October 29 - 30, 2009 | October 30, 2009 | 16 |
| August 27 - 28, 2009 | August 28, 2009 | 16 |
| June 18 - 19, 2009 | June 19, 2009 | 16 |
| February 26 - 27, 2009 | February 27, 2009 | 16 |
| December 23- 24, 2008 | December 25, 2008 | 16 |
| October 29 - 30, 2008 | October 30, 2008 | 16 |
| August 27 - 28, 2008 | August 28, 2008 | 15 |
| July 10 - 11, 2008 | July 11, 2008 | 15 |
| April 29-30, 2008 | April 30, 2008 | 15 |
| March 13 - 14, 2008 | March 14, 2008 | 15 |
| January 9 - 10, 2008 | January 11, 2008 | 15 |
| November 1 - 2, 2007 | November 2, 2007 | 15 |
| August 30 - 31, 2007 | August 31, 2007 | 15 |
| June 28 - 29, 2007 | June 29, 2007 | 15 |
| April 26 - 27, 2007 | April 27, 2007 | 14 |
| March 8 - 9, 2007 | March 9, 2007 | 14 |
| December 28 - 29, 2006 | December 29, 2006 | 14 |
| August 30 - 31, 2006 | August 31, 2006 | 15 |
| June 29 - 30, 2006 | June 30, 2006 | 15 |
| May 4 - 5, 2006 | May 5, 2006 | 15 |
| March 01 - 02, 2006 | March 2, 2006 | 17 |
| December 21 - 22, 2005 | December 22, 2005 | 19 |
| October 26 - 27, 2005 | October 28, 2005 | 19 |
| August 24 - 25, 2005 | August 25, 2005 | 21 |
| July 6 - 7, 2005 | July 7, 2005 | 25 |
| April 28 -29, 2005 | April 29, 2005 | 29 |
| February 16 - 17, 2005 | February 17, 2005 | 29 |
| December 2 - 3, 2004 | December 3, 2004 | 31 |
| October 14 - 15, 2004 | October 15, 2004 | 33 |
| July 26 - 27, 2004 | July 27, 2004 | 34 |