{
  "title": "The Gambia: Staff Report for the 2011 Article IV Consultation",
  "publication": "IMF Staff Country Reports, January 30, 2012",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/the-gambia-staff-report-for-the-2011-article-iv-consultation-25686",
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  "summary": "This 2011 Article IV Consultation highlights that the Gambian economy has performed well in recent years, despite a difficult global environment. The external current account deficit has widened in recent years, owing to weak tourism receipts and remittances and high global commodity prices.",
  "publishDate": "2012-01-30",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- This 2011 Article IV Consultation highlights that the Gambian economy has performed well in recent years, despite a difficult global environment.\n- The external current account deficit has widened in recent years, owing to weak tourism receipts and remittances and high global commodity prices.\n- Executive Directors commended the authorities for making progress in poverty reduction and achieving strong growth and low inflation despite a difficult global environment.\n- Directors welcomed the improved fiscal performance and supported the government’s plans for additional fiscal consolidation in the period ahead."
    },
    {
      "heading": "Key findings and macroeconomic outcomes",
      "content": "- Economic performance: The Gambian economy \"has performed well in recent years\" (phrase preserved from source).\n- External position: The external current account deficit \"has widened in recent years\" due to:\n  - Weak tourism receipts.\n  - Weak remittances.\n  - High global commodity prices.\n- Fiscal and social outcomes:\n  - Progress in poverty reduction was noted by Executive Directors.\n  - Strong growth and low inflation were achieved despite a difficult global environment.\n  - Fiscal performance improved, with government plans for additional fiscal consolidation supported by Directors."
    },
    {
      "heading": "Policy recommendations and official positions",
      "content": "- Directors supported the government's plans for additional fiscal consolidation in the period ahead.\n- Executive Directors commended the authorities for progress on poverty reduction and macroeconomic performance."
    },
    {
      "heading": "Subject classification and keywords",
      "content": "- Subject: Balance of payments statistics, Budget planning and preparation, Expenditure, External debt, Public debt, Public financial management (PFM), Revenue administration\n- Keywords: Africa, Bank and Fund staff, Budget planning and preparation, CR, exchange rate, financing strategy, Global, GMD 1, government's development strategy, ISCR, poverty index, staff appraisal, West Africa\n\n---\n\n Content in this bundle\n\n- The Gambia: 2011 Article IV Consultation; IMF Country Report 12/17; December 27, 2011\n  - The Gambia: 2011 Article IV Consultation; IMF Country Report 12/17; December 27, 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - The Gambia: 2011 Article IV Consultation; IMF Country Report 12/17; December 27, 2011 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/the-gambia-staff-report-for-the-2011-article-iv-consultation-25686"
    }
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    "Published: January 30, 2012",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781463935108.002",
    "This 2011 Article IV Consultation highlights that the Gambian economy has performed well in recent years, despite a difficult global environment.",
    "The external current account deficit has widened in recent years, owing to weak tourism receipts and remittances and high global commodity prices.",
    "Executive Directors commended the authorities for making progress in poverty reduction and achieving strong growth and low inflation despite a difficult global environment.",
    "Directors welcomed the improved fiscal performance and supported the government’s plans for additional fiscal consolidation in the period ahead.",
    "Economic performance: The Gambian economy \"has performed well in recent years\" (phrase preserved from source).",
    "External position: The external current account deficit \"has widened in recent years\" due to:",
    "Fiscal and social outcomes:",
    "Directors supported the government's plans for additional fiscal consolidation in the period ahead.",
    "Executive Directors commended the authorities for progress on poverty reduction and macroeconomic performance.",
    "Subject: Balance of payments statistics, Budget planning and preparation, Expenditure, External debt, Public debt, Public financial management (PFM), Revenue administration",
    "Keywords: Africa, Bank and Fund staff, Budget planning and preparation, CR, exchange rate, financing strategy, Global, GMD 1, government's development strategy, ISCR, poverty index, staff appraisal, West Africa",
    "**The Gambia: 2011 Article IV Consultation; IMF Country Report 12/17; December 27, 2011**"
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