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Insurance sector reformation required to transform economy: Official

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Abdoulie Baks Touray, a development economist, has said that reforming Gambia's insurance sector will help transform the country's economy, AllAfrica.com reports citing The Point newspaper.

The government should make reforms such as compulsory local marine insurance in line with the recommendation of United Nations Conference on Trade and Development, said Mr. Touray. An autonomous insurance commission needs to be created as well.

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