The Gambia: Recent Economic Developments
Summary:
This paper reviews economic developments in The Gambia during 1990–95. Economic activity slowed down in 1993/94 and contracted by at least 4 percent in real terms in 1994/95. With the drop in re-export trade and the disruption of the tourist season, domestic government revenues declined by more than 4 percent of GDP during 1993/94–1994/95; foreign grants fell by an additional 2 percent of GDP, owing to the suspension of balance-of-payments assistance following the military coup.
Series:
Country Report No. 1995/123
Subject:
Budget planning and preparation Commercial banks Economic sectors External debt Foreign exchange Imports International trade Public enterprises Public financial management (PFM)
Notes:
This report on recent economic developments in The Gambia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of The Gambia, or the Executive Board of the IMF.
English
Publication Date:
December 19, 1995
ISBN/ISSN:
9781451815375/1934-7685
Stock No:
1GMBEA0011995
Pages:
75
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