The Gambia : First Review Under the Extended Credit Facility, Request for Nonobservance of Performance Criterion, and Request for Rephasing of Reviews

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

May 28, 2013

Electronic Access:

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Summary:

The Gambian economy is still recovering from the severe drought and crop failure. Depreciation pressure on the Dalasi has largely been driven by weaknesses in the balance of payments and uncertainty about exchange rate policy. Executive Directors have urged the government to curb domestic borrowing and to sustain the fiscal adjustment needed to reduce the high cost and risks of domestic debt. They have also commended the progress achieved toward eliminating fiscal dominance and encourage implementing a restrained monetary policy.

Series:

Country Report No. 13/139

Subject:

English

Publication Date:

May 28, 2013

ISBN/ISSN:

9781484327494/1934-7685

Stock No:

1GMBEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

88

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