As Ramadan begins, many Gambian consumers remain hopeful for price reductions on essential goods like sugar and onions, which have seen fluctuations in recent weeks. The Gambia Supreme Islamic Council confirmed the start of the holy month after the crescent moon was sighted in Garawol on Friday evening.
Ramadan, a sacred period of fasting and prayer for Muslims worldwide, often brings increased demand for staple foods. This year, price instability has been a major concern, with many struggling to afford key commodities. However, authorities are optimistic about future trends.
The Gambia’s central bank projects a 6.0% decline in global commodity prices by 2025. Governor Buah Saidy attributes this to improved supply conditions for energy and food, despite ongoing geopolitical uncertainties.
As the fasting month progresses, Gambians remain hopeful that market adjustments will ease financial burdens and allow for a more stable Ramadan season.
