The Gambia: Public Investment Management Assessment Update with the Climate Module
March 7, 2025
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
The assistance assessed The Gambia’s public investment management practices and their
climate sensitivity using the Public Investment Management Assessment (PIMA) with the Climate Module
(C-PIMA). Findings reveal progress in strengthening the institutional design of public investment
management since the 2019 PIMA, with advances such as the 2020 Cabinet Memorandum establishing
the Gambia Strategic Review Board, the 2023 State Owned Enterprise (SOE) Act for centralized SOE
oversight, and improved procurement legislation. However, gaps in project selection criteria, centralized
reviews, and risk assessment persist. The assessment also noted weaknesses in the climate sensitivity of
public investment management, with limited integration of climate risks into project planning, appraisal,
and selection. Recommendations include creating a public investment management information system,
centralizing PIM oversight within the Ministry of Finance, establishing project selection pipelines, and
enhancing climate-related criteria within investment decisions.
climate sensitivity using the Public Investment Management Assessment (PIMA) with the Climate Module
(C-PIMA). Findings reveal progress in strengthening the institutional design of public investment
management since the 2019 PIMA, with advances such as the 2020 Cabinet Memorandum establishing
the Gambia Strategic Review Board, the 2023 State Owned Enterprise (SOE) Act for centralized SOE
oversight, and improved procurement legislation. However, gaps in project selection criteria, centralized
reviews, and risk assessment persist. The assessment also noted weaknesses in the climate sensitivity of
public investment management, with limited integration of climate risks into project planning, appraisal,
and selection. Recommendations include creating a public investment management information system,
centralizing PIM oversight within the Ministry of Finance, establishing project selection pipelines, and
enhancing climate-related criteria within investment decisions.
Subject: Public financial management (PFM), Public Investment Management Assessment (PIMA)
Keywords: C-PIMA, climate change, climate sensitivity, framework in The Gambia, Green PFM, management framework, management practice, PIMA, priority investment project, Public investment management, Public Investment Management Assessment (PIMA), The Gambia
Pages:
4
Volume:
2025
DOI:
Issue:
007
Series:
High Level Summary Technical Assistance Report No. 2025/007
Stock No:
HLSEA2025007
ISBN:
9798229004145
ISSN:
2959-4103
