Gambia Revenue Authority Collecting Revenue for National Development

Memorandum of Understanding (MoU) between Gambia Revenue Authority (GRA) and Financial Reporting Oversight Board (FROB)

The Gambia Revenue Authority has signed a Memorandum of Understanding (MoU) with the Financial Reporting Oversight Board (FROB), marking a pivotal collaboration in the realm of financial transparency. This strategic alliance is designed to fortify the regulatory landscape, fostering transparency, accountability, and integrity in financial reporting practices. The MoU outlines a framework for cooperation, delineating shared objectives, responsibilities, and mechanisms for mutual support. Through this partnership, FROB and the Gambia Revenue Authority aim to streamline oversight processes, ensuring adherence to rigorous reporting standards. By pooling their resources and expertise, the organizations seek to enhance the effectiveness of regulatory measures, ultimately contributing to a robust financial ecosystem in The Gambia. This agreement underscores a shared commitment to upholding the highest levels of financial probity, reinforcing trust, and promoting sustainable economic development. The signing ceremony took place at the GRA head office in Banjul on Monday, 15th January 2024