Barrow says price hike reduces household ability
During his speech at the Gambia’s 58 th independence celebration held at Banjul, President Adama Barrow stated that the hike in prices has reduced the ability of households to fulfil their basic needs and responsibilities. “2022 was a challenging year. It confronted us with rising living costs and hiking prices of fuel influenced by the global crisis. These reduced the ability of households to fulfil their basic needs and responsibilities.” The President further stated that conscious of the responsibilities of the State, and to deliver on their promise to stabilise prices, his government took strides to ease the accompanying hardship imposed on the people. He said his government took various steps to lower the price of fuel, which has implications for business transactions and the price of commodities. Barrow continued that they will continue to monitor the public institutions and work with the private sector to maximise their contributions to national development and