IMF Staff Country Reports

The Gambia: 2023 Article IV Consultation and Request for an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for The Gambia

January 18, 2024

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The Gambia: 2023 Article IV Consultation and Request for an Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for The Gambia, (USA: International Monetary Fund, 2024) accessed November 8, 2024

Summary

The Gambia is consolidating its democratic and economic transformation. It recently organized peaceful and transparent presidential, parliamentary, and local elections. The previous 2020-23 ECF arrangement accompanied the country’s reforms and helped alleviate the repercussions of the COVID-19 pandemic and Russia’s war in Ukraine. The end of the electoral cycle offers a window of opportunity for the next two to three years to further strengthen economic reforms and promote inclusive growth.

Subject: Budget planning and preparation, External debt, Foreign exchange, International organization, Monetary policy, Public debt, Public financial management (PFM), Revenue administration

Keywords: Africa, Arrangement Extended Credit Facility, Article IV policy consultation, Budget planning and preparation, ECF arrangement, Foreign exchange pressure, Global, IIP source data, Liability positions vis-à-vis nonresident, Middle East, Reform agenda, TA mission, West Africa

Publication Details

  • Pages:

    129

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2024/015

  • Stock No:

    1GMBEA2024001

  • ISBN:

    9798400262883

  • ISSN:

    1934-7685