High-Level Summary Technical Assistance Reports

The assistance assessed The Gambia’s public investment management practices and their
climate sensitivity using the Public Investment Management Assessment (PIMA) with the Climate Module
(C-PIMA). Findings reveal progress in strengthening the institutional design of public investment
management since the 2019 PIMA, with advances such as the 2020 Cabinet Memorandum establishing
the Gambia Strategic Review Board, the 2023 State Owned Enterprise (SOE) Act for centralized SOE
oversight, and improved procurement legislation. However, gaps in project selection criteria, centralized
reviews, and risk assessment persist. The assessment also noted weaknesses in the climate sensitivity of
public investment management, with limited integration of climate risks into project planning, appraisal,
and selection. Recommendations include creating a public investment management information system,
centralizing PIM oversight within the Ministry of Finance, establishing project selection pipelines, and
enhancing climate-related criteria within investment decisions.