## The Gambia: Staff Report for the 2011 Article IV Consultation

_IMF Staff Country Reports, January 30, 2012_

## Source details

**Canonical URL:** [The Gambia: Staff Report for the 2011 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/the-gambia-staff-report-for-the-2011-article-iv-consultation-25686)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/the-gambia-staff-report-for-the-2011-article-iv-consultation-25686/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/the-gambia-staff-report-for-the-2011-article-iv-consultation-25686/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/the-gambia-staff-report-for-the-2011-article-iv-consultation-25686/bundle-manifest.json)

## Bibliographic details
- Published: January 30, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781463935108.002

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### Overview
- 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.

### Key findings and macroeconomic outcomes
- 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:
  - Weak tourism receipts.
  - Weak remittances.
  - High global commodity prices.
- Fiscal and social outcomes:
  - Progress in poverty reduction was noted by Executive Directors.
  - Strong growth and low inflation were achieved despite a difficult global environment.
  - Fiscal performance improved, with government plans for additional fiscal consolidation supported by Directors.

### Policy recommendations and official positions
- 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 classification and keywords
- 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

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## Content in this bundle

- **The Gambia: 2011 Article IV Consultation; IMF Country Report 12/17; December 27, 2011**
  - [The Gambia: 2011 Article IV Consultation; IMF Country Report 12/17; December 27, 2011 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr1217.pdf.md){rel="alternate" type="text/markdown"}
  - [The Gambia: 2011 Article IV Consultation; IMF Country Report 12/17; December 27, 2011 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2012/_cr1217.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/the-gambia-staff-report-for-the-2011-article-iv-consultation-25686_