The Gambia: 2002 Article IV Consultation, Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Use of HIPC Interim Assistance—Staff Report; Staff Statement; Public Information Notice, News Brief, and Press Release on the Executive Board Discussion
IMF Staff Country Reports, February 23, 2004
Source details
- Canonical URL
- The Gambia: 2002 Article IV Consultation, Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Use of HIPC Interim Assistance—Staff Report; Staff Statement; Public Information Notice, News Brief, and Press Release on the Executive Board Discussion
Other formats
Bibliographic details
- Published: February 23, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451815429.002
Executive summary and Board decision
- The Gambia showed good economic performance under the Poverty Reduction and Growth Facility (PRGF) Arrangement.
- Executive Directors commended:
- reforms in the financial sector;
- the substantial reduction and rationalization of external tariffs;
- the settlement of the property dispute with Alimenta.
- Executive Directors stressed the need for a tightened monetary policy stance.
- The Executive Board welcomed a new PRGF program with approval of:
- a three-year Arrangement under the PRGF;
- use of interim assistance.
Objectives and priorities of the new PRGF program
- Improve fiscal discipline.
- Ensure good governance.
- Implement structural and financial reforms.
- Reduce poverty.
Subject coverage and keywords (as stated)
- Subjects: Banking; Budget planning and preparation; Economic sectors; Expenditure; Poverty; Poverty reduction strategy; Public enterprises; Public financial management (PFM).
- Keywords: Board decision; Budget planning and preparation; CR; disbursement of SDR; final decision of the IMF Executive Board; fund tax mission; Gambia's Poverty Reduction and Strategy Paper; ISCR; Poverty reduction strategy; PRGF arrangement; Public enterprises; West Africa.
Key publication identifiers and metadata (as provided)
- Pages: 97
- Volume: 2004
- Issue: 042
- Series: Country Report No. 2004/042
- DOI: https://doi.org/10.5089/9781451815429.002
- Stock No: 1GMBEA0012004
- ISBN: 9781451815429
- ISSN: 1934-7685
Source: The Gambia: 2002 Article IV Consultation, Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Use of HIPC Interim Assistance-Staff Report; Staff Statement; Public Information Notice, News Brief, and Press Release on the Executive Board Discussion