The Gambia: Fifth Review Under the Extended Credit Facility Arrangement, Requests for Augmentation of Access, Waiver for Nonobservance of a Performance Criterion, Modification of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for The Gambia
December 21, 2022
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The repercussions of the war in Ukraine are threatening economic and social stability. Following a slight uptick in July-August, new COVID-19 cases have declined to almost nil recently while the vaccination rate remains low at around 22 percent of the population. The Gambia is also suffering from more frequent climatic shocks, including a recent major flooding. The country continues to advance social and justice reforms. Following a parliamentary election, President Barrow reshuffled the Cabinet in May 2022, without any expected change in the overall direction of economic policies.
Subject: Debt service, External debt, Foreign exchange, International organization, Monetary policy, Public debt, Revenue administration
Keywords: Debt service, ECF arrangement, forex shortage, Gambia tax management system, Global, inflation expectation, market forces, procurement authority, West Africa
Pages:
108
Volume:
2022
DOI:
Issue:
385
Series:
Country Report No. 2022/385
Stock No:
1GMBEA2022002
ISBN:
9798400228148
ISSN:
1934-7685
