The Gambia: Ex-Post Assessment of Longer-Term Program Engagement-an Update

IMF Staff Country Reports, January 13, 2011

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Canonical URL: The Gambia: Ex-Post Assessment of Longer-Term Program Engagement-an Update

The performance of the Gambian economy has been strong in recent years.
The program helped to restore compliance with the rules on government borrowing from the Central Bank of The Gambia (CBG) following securitization arrangements between the government and the CBG.
Securitization arrangements allowed for CBG bridge financing in the absence of programmed EU budget support.
Technical assistance (TA) was started in tax policy and administration, public financial management (PFM), and liquidity forecasting.
In the financial sector, progress has been made to preserve the solvency of banks.

Restoration of compliance with rules on government borrowing from the CBG was achieved following securitization arrangements between the government and the CBG.
CBG bridge financing was utilized in the absence of programmed EU budget support.
TA initiated in:
- tax policy and administration
- public financial management (PFM)
- liquidity forecasting

Publication date: January 13, 2011
Pages: 34
Volume: 2011
Issue: 015
Series: Country Report No. 2011/015
DOI: https://doi.org/10.5089/9781455213672.002
Stock No: 1GMBEA2011001
ISBN: 9781455213672
ISSN: 1934-7685
Subject: Budget planning and preparation, Expenditure, Fiscal policy, Public financial management (PFM), Revenue administration
Keywords: Budget planning and preparation, complicated financing expenditure, CR, EPA, EPA update, ex-post assessment, financial support, fuel import price, fund, Gambia, Global, ISCR, policy challenge

Source: The Gambia: Ex-Post Assessment of Longer-Term Program Engagement-an Update (IMF Staff Country Reports, January 13, 2011).

Appendix I. Views of the Authorities
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