The Gambia: Fourth Review Under the Extended Credit Facility Arrangement, Requests for a Waiver of Nonobservance of a Performance Criterion, Modifications of Performance Criteria and Indicative Targets, and Financing Assurances Review; First Review Under the Resilience and Sustainability Facility Arrangement, and Request for Rephasing of Access-Press Release; Staff Report; and Statement by the Executive Director for The Gambia
December 23, 2025
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
Economic momentum remains strong despite continued global uncertainty
and inflation is largely receding. Fiscal performance during the first half of 2025
exceeded expectations and strong tax revenue collection is expected to continue
through the end of the year. The foreign exchange market continues to function
smoothly, and foreign reserves remain at a comfortable level. Structural reforms are
advancing at a higher pace. The economic outlook is subject to large downside risks
owing to global geopolitical tensions and uncertainty. Exposure to climate risks is
significant, primarily through The Gambia’s low elevation and reliance on rain-fed
agriculture.
and inflation is largely receding. Fiscal performance during the first half of 2025
exceeded expectations and strong tax revenue collection is expected to continue
through the end of the year. The foreign exchange market continues to function
smoothly, and foreign reserves remain at a comfortable level. Structural reforms are
advancing at a higher pace. The economic outlook is subject to large downside risks
owing to global geopolitical tensions and uncertainty. Exposure to climate risks is
significant, primarily through The Gambia’s low elevation and reliance on rain-fed
agriculture.
Subject: Debt service, Expenditure, External debt, Foreign exchange, Public debt, Revenue administration
Keywords: Debt service
Pages:
104
Volume:
2025
DOI:
Issue:
344
Series:
Country Report No. 2025/344
Stock No:
1GMBEA2025003
ISBN:
9798229034647
ISSN:
1934-7685
