This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between The Gambia and the IMF. Additional information can be found on The Gambia and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with The Gambia.
At a Glance
- Current IMF membership: 190 countries
- The Gambia joined the Fund in September 21, 1967. The Gambia accepted the obligations under Article VIII, Sections 2(a), 3, and 4, of the Fund’s Articles of Agreements on January 21, 1993. It maintains an exchange system that is free of restrictions on the making of payments and transfers for current international transactions.
- Quota (SDR): 62.2 Million
- Outstanding Purchases and Loans (SDR): 28.12 Million (June 30, 2019)
- Last Article IV Consultation: The 2018 Article IV consultation staff report was discussed by the Executive Board on March 22, 2018 (Country Report No. 18/99, April 4, 2018)
Office Activities
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IMF Resident Representative, Mamadou Dioulde Barry, presenting recent economic developments in SSA and The Gambia; and informing the audience about IMF supports to the country.
June 15, 2021
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Gambia Advertisement for the Office Manager Position
November 13, 2020
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Launching of the April 2019 Regional Economic Outlook (REO)
Power Point Presentation held at the University of the Gambia
June 10, 2019
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DMD Tao Zhang Concludes his Visit to The Gambia
Press Review (articles and videos)
May 15, 2019
IMF's Work on Gambia
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How to Avoid a Debt Crisis in Sub-Saharan Africa
September 26, 2023
Public debt in the region has risen to levels not seen in decades.
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June 21, 2023
Series:Country Report No. 2023/216
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June 12, 2023
The ECF arrangement for the Gambia was approved by the IMF’s Executive Board on March 23, 2020, with an initial total access of SDR 35 million (or 56.3 percent of quota). Access under the ECF arrangement was augmented twice, at the completion of the first ECF review in January 2021 and at the completion of the fifth ECF review in December 2022. The Gambia has also benefited from an IMF Rapid Credit Facility of SDR 15.55 million and received debt service relief from the IMF under the Catastrophe Containment and Relief Trust, totaling SDR 7.9 million.
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Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate
May 1, 2023
Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.
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March 24, 2023
A team from the International Monetary Fund (IMF), led by Mr. Ivohasina Fizara Razafimahefa, Mission Chief for The Gambia, held discussions with the Gambian authorities during March 14–24, 2023, on the sixth review of The Gambia’s economic program supported by the IMF’s Extended Credit Facility (ECF) arrangement.
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
