{
  "title": "The Gambia: Technical Assistance Report-Public Investment Management Assessment Update with the Climate Module",
  "publication": "Technical Assistance Reports, March 7, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/technical-assistance-reports/issues/2025/03/07/the-gambia-technical-assistance-report-public-investment-management-assessment-update-with-562951",
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  "summary": "The IMF’s Fiscal Affairs Department (FAD) conducted a Public Investment Management Assessment (PIMA) and Climate Module (C-PIMA) for The Gambia to assess public investment management (PIM) and its climate sensitivity.",
  "sections": [
    {
      "heading": "Assessment overview",
      "content": "- The IMF’s Fiscal Affairs Department (FAD) conducted a Public Investment Management Assessment (PIMA) and Climate Module (C-PIMA) for The Gambia to assess public investment management (PIM) and its climate sensitivity.\n- Publication date: March 7, 2025.\n- Report length: 106 pages."
    },
    {
      "heading": "Key findings on public investment management (PIM)",
      "content": "- Institutional improvements since the 2019 PIMA:\n  - 2020 Cabinet Memorandum for strategic project reviews.\n  - 2023 SOE Act for centralized oversight.\n  - Enhanced procurement regulations.\n- Effectiveness gap:\n  - Despite institutional improvements, effectiveness has yet to catch up and, in some cases, has weakened.\n- Weaknesses in project lifecycle and oversight:\n  - Shortcomings remain in the integration, coordination, and enforcement of PIM practices across institutions."
    },
    {
      "heading": "Climate module (C-PIMA) findings",
      "content": "- Climate resilience is insufficiently addressed.\n- Weak integration of climate risks into project planning.\n- Regulatory frameworks relevant to climate sensitivity are outdated."
    },
    {
      "heading": "Key recommendations",
      "content": "- Establish a public investment management information system.\n- Strengthen PIM oversight within the Ministry of Finance.\n- Formalize project selection pipelines.\n- Embed climate-related criteria in investment decisions."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject areas: Budget planning and preparation, Climate change, Environment, Expenditure, Infrastructure, National accounts, Public financial management (PFM), Public investment spending.\n- Keywords: Budget planning and preparation, C-PIMA., capital cash outlay, Climate, Climate change, Climate Module, climate PIMA, D. investment allocation, Global, IMF climate policy diagnostic, Infrastructure, investment, management institution, PIM, PIMA, procurement authority, Public investment spending, Sub-Saharan Africa, The Gambia, West Africa.\n\nSource: The Gambia: Technical Assistance Report-Public Investment Management Assessment Update with the Climate Module (March 7, 2025).\n\n---\n\n Content in this bundle\n\n- tarea2025023-print-pdf\n  - tarea2025023-print-pdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - tarea2025023-print-pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/technical-assistance-reports/issues/2025/03/07/the-gambia-technical-assistance-report-public-investment-management-assessment-update-with-562951"
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    "Published: March 7, 2025",
    "Series: Technical Assistance Reports",
    "DOI: https://doi.org/10.5089/9798229002806.019",
    "The IMF’s Fiscal Affairs Department (FAD) conducted a Public Investment Management Assessment (PIMA) and Climate Module (C-PIMA) for The Gambia to assess public investment management (PIM) and its climate sensitivity.",
    "Publication date: March 7, 2025.",
    "Report length: 106 pages.",
    "Institutional improvements since the 2019 PIMA:",
    "Effectiveness gap:",
    "Weaknesses in project lifecycle and oversight:",
    "Climate resilience is insufficiently addressed.",
    "Weak integration of climate risks into project planning.",
    "Regulatory frameworks relevant to climate sensitivity are outdated.",
    "Establish a public investment management information system.",
    "Strengthen PIM oversight within the Ministry of Finance.",
    "Formalize project selection pipelines.",
    "Embed climate-related criteria in investment decisions.",
    "Subject areas: Budget planning and preparation, Climate change, Environment, Expenditure, Infrastructure, National accounts, Public financial management (PFM), Public investment spending.",
    "Keywords: Budget planning and preparation, C-PIMA., capital cash outlay, Climate, Climate change, Climate Module, climate PIMA, D. investment allocation, Global, IMF climate policy diagnostic, Infrastructure, investment, management institution, PIM, PIMA, procurement authority, Public investment spending, Sub-Saharan Africa, The Gambia, West Africa.",
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