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Foday Joof

Principal Economist
Central Bank of The Gambia
Member since
31 May 2023
Location
Banjul
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1
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12
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Followed by John Sims, Martha Boyle and 5 others you follow

Bio

Foday Joof is a sustainable finance specialist and an economist. He is a Ph.D. scholar in Finance from Eastern Mediterranean University, specializing in Financial Market Spillovers, Financial Econometrics, and ESG Considerations. Currently, a Ph.D. fellow in environmental sustainability at the University of Ottawa, Canada, focusing on resource economics. Foday is ranked 15th among the top 100 scientists in The Gambia and 2st in social sciences by the AD Scientific Index. He currently serve as a Principal Economist at the Modeling and Forecasting Unit, Economic Research Department of the Central Bank of The Gambia.

Experience

Risk Management Officer
Central Bank of The Gambia
To Present
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Latest opinions

Foday Joof

Currency Shocks and Trade Imbalance: The Gambia’s Dalasi Dilemma

Dr. Foday Joof, an economic expert, has linked The Gambia’s persistent dalasi volatility to its heavy trade deficit and low market confidence, warning that the country’s overreliance on imports and limited exports continues to put pressure on its currency. In an interview with The Voice, Dr. Joof explained that over 90 percent of goods consumed in...

29 July 2025

Foday Joof

The Delusion of Interest Rate Orthodoxy: Are Central Banks Gambling with Aggregate Demand?

Dr Foday Joof, a sustainable finance and economist, raised serious concerns about the continued reliance on interest rate as a tool for fighting inflation in The Gambia and other developing countries. In an exclusive interview with The Voice at the weekend, Dr. Joof describes the approach as 'counter-intuitive' to the structural realities facing mo...

24 June 2025

Foday Joof

Remittance at Risk: What a U.S Levy Means for The Gambia

The Context According to the United Nations Network on migration, an estimated 10 percent of The Gambia’s total population were living abroad in 2023 in search of better opportunities[1]. Over the past decade, private remittance inflows to the country have more than doubled. Data from the Central Bank of The Gambia (CBG) show that official remi

27 May 2025

See all 12 opinions by Foday

Foday writes about

  • sustainable
  • markets

Foday's opinion archive

  • 2025 (6)
  • 2024 (4)
  • 2023 (1)

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