The Gambia: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Gambia
March 22, 2007
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This paper discusses the Request from Gambia for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). The Gambian authorities are requesting a three-year PRGF arrangement to support their economic reform program and to help them make progress toward the HIPC completion point. The program aims to consolidate recently achieved macroeconomic stabilization while addressing the formidable challenges faced by the country, including debt distress, vulnerability to exogenous shocks, and widespread poverty.
Subject: Balance of payments statistics, Economic and financial statistics, Expenditure, External debt, Foreign exchange, Monetary base, Public financial management (PFM)
Keywords: Africa, Balance of payments statistics, CR, debt relief, development agenda, Gambia, Global, government, incentives regime, ISCR, PRGF arrangement, PRGF-supported program, priority government expenditure, SDR, Sub-Saharan Africa, The Gambia in an amount equivalent to SDR, West Africa
Pages:
75
Volume:
2007
DOI:
Issue:
116
Series:
Country Report No. 2007/116
Stock No:
1GMBEA2007001
ISBN:
9781451967135
ISSN:
1934-7685
