The Gambia: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative
March 24, 2008
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An assessment is provided of The Gambia’s performance in meeting the requirements for reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative is provided. Next, the paper reviews the status of creditor participation and presents an updated debt sustainability analysis (DSA). The paper contains a summary of the main conclusions, and lists a number of issues for discussion by the Boards of IDA and the IMF. The poverty database and monitoring capacity has been improved. Macroeconomic performance under the third poverty reduction growth facility (PRGF)-supported program has been strong.
Subject: Asset and liability management, Debt relief, Debt service, Debt sustainability, Expenditure, External debt
Keywords: base year, CR, current account, debt management, Debt relief, Debt service, Debt sustainability, economic growth, exchange rate, government policy, ISCR, NPV terms, regulatory agency, Sub-Saharan Africa, West Africa
Pages:
78
Volume:
2008
DOI:
Issue:
109
Series:
Country Report No. 2008/109
Stock No:
1GMBEA2008002
ISBN:
9781451815603
ISSN:
1934-7685
