The Gambia: Article IV Consultation, Third Review under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for The Gambia
IMF Staff Country Reports, December 10, 2021
Source details
- Canonical URL
- The Gambia: Article IV Consultation, Third Review under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for The Gambia
Other formats
Bibliographic details
- Published: December 10, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781616356767.002
Summary findings
- Prior to the onset of the pandemic, The Gambia had shown strong macroeconomic performance in the few years following the political transition in 2016-17.
- Economic growth accelerated; debt vulnerabilities decreased; external stability strengthened; structural and legislative reforms advanced; and key social indicators improved.
- The COVID-19 pandemic halted some of the hard-won progress, stagnating economic activity and re-igniting extreme poverty.
- The Gambia experienced a third wave of the pandemic in mid-2021, which has receded recently.
- The COVID-19 vaccination rate currently stands at about 12 percent of the adult population.
- Presidential and parliamentary elections are planned for December 2021 and April 2022, respectively.
Coverage and thematic focus
- Subjects addressed: COVID-19, Debt service, Debt sustainability analysis, External debt, Health, International organization, Monetary policy, Public debt.
- Keywords included: budget support, COVID-19, Debt service, Debt sustainability analysis, ECF arrangement, ECF program, Global, IMF SDR allocation, Middle East, procurement contract, TA mission, vaccination campaign.
Document metadata (selected)
- Publication date: December 10, 2021
- Pages: 138
- Volume: 2021
- Issue: 265
- Series: Country Report No. 2021/265
- DOI: https://doi.org/10.5089/9781616356767.002
- ISBN: 9781616356767
- ISSN: 1934-7685
- Stock No: 1GMBEA2021003
Source: The Gambia: Article IV Consultation, Third Review under the Extended Credit Facility Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Financing Assurances Review — IMF Staff Country Report (December 10, 2021).
Content in this bundle
- 1gmbea2021003