The Gambia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper: Annual Progress Report
IMF Staff Country Reports, January 17, 2006
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- The Gambia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper: Annual Progress Report
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Bibliographic details
- Published: January 17, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451815504.002
Overview
- Reviews the first Annual Progress Report (APR) of The Gambia’s Poverty Reduction Strategy Paper (PRSP).
- Concludes that The Gambia’s progress in implementing the PRSP has been uneven.
Key findings
- Slow implementation mainly reflected:
- low capacity,
- a lack of commitment,
- poor prioritization of policies implemented in 2002–03.
- Among the five basic components, the authorities made the most progress in increasing access to basic social services.
- By contrast, they did not achieve most macroeconomic targets for 2002 and 2003.
Implementation constraints
- Capacity constraints at implementation level impeded timely execution of PRSP policies.
- Lack of commitment and poor prioritization contributed to uneven implementation across program components.
Performance by PRSP component
- Five basic components (as referenced in the APR):
- Greatest progress: increasing access to basic social services.
- Other components: progress uneven; specific shortfalls in meeting macroeconomic targets.
Macroeconomic performance
- Most macroeconomic targets for 2002 and 2003 were not achieved.
International Monetary Fund. "The Gambia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper: Annual Progress Report", IMF Staff Country Reports 2006, 013 (January 17, 2006).
Content in this bundle
- The Gambia: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper—Annual Progress Report