Disbursements of more than 4 million dinars for the benefit of 52 beneficiary staff members –

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By Lamin B. Darboe

Information Officer, PMO

The Director of Finance Administration and Revolving Loan Scheme at the Personnel Management Office (PMO) revealed that despite its limited funds, the Civil Service Revolving Loan Scheme (CSRLS) in 2022 managed to disburse D4 , 830,000 to 52 staff loan recipients in various ministries and civil service departments.

Mr. Baboucarr Sarr made this disclosure noting that these beneficiaries are qualified loan applicants, whose applications have been approved by the CSRLS Board of Directors.

In addition, he added, the program managed to disburse D6,500,000 to 14 car loan recipients from various government ministries and departments.

“We are currently disbursing D2,000,000 to 4 housing loan recipients from various Ministries and Civil Service Departments. Since its inception in 2014, the CSRLS has strived to fulfill its primary function of efficiently providing and managing car, home and personal loans to eligible civil servants,” Mr. Sarr explained.

According to Mr. Sarr, the total number of loan requests fluctuates every year, adding that this year, i.e. 2022, the Secretariat received a total number of 83 requests through the Office of Archives.

He stated that this number (83 nominations) is one of the lowest compared to previous years while informing that in 2021, 317 nominations were received by the Secretariat and in 2020, 305 nominations were received.

He described the impact of the loan scheme within the civil service as very positive, adding that the loan scheme has contributed immensely to the lives of civil servants in terms of improving their quality of life and social status.

“Many civil servants are now able to have their own car and build houses ranging from bungalows to apartment buildings. The loan we provide may not be able to complete their entire building as some claim, but it could help you go a long way,” he said.

As we speak, he explained, 1,207 civil servants have benefited from the Personal Loan of the Credit Scheme, 200 civil servants have benefited from the Car Loan, and 140 have benefited from the Housing Loan, he noted.



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