European Parliament Library

Gambia - 2010 Article IV Consultation, Staff Report, Statement by the IMF Staff Representative, Public Information Notice on the Executive Board Discussion, and Statement by the Executive Director for Gambia, International Monetary Fund

The Gambian economy showed strong growth and low inflation during the global crisis under the Extended Credit Facility (ECF), despite a sharp drop in tourism and remittance receipts. Executive Directors appreciated the macroeconomic policy framework and stressed the importance of achieving the MDGs and targets on poverty-reducing expenditures. They encouraged strengthening of fiscal performance to anchor macroeconomic stability and reduce the debt burden. Directors strongly supported tax reform and welcomed budget procedures and their execution. Directors supported recent improvements in debt management and stressed the importance of debt sustainability
Table Of Contents
Cover; Contents; Executive Summary; I. Background: Achieving Macroeconomic Stability,While Dealing with a Heavy Debt Burden; Figures; 1. Recent Economic Developments, 2006-09; 2. Recent Economic Developments, 2006-09; 3. Cross-Country Comparison; II. Recent Economic Developments and Outlook: Weakening Fiscal Discipline Has Complicated Macroeconomic Policies; Boxes; 1. Implementing Recommendations from the 2008 Article IV Consultation; Outlook and Risks; III. Policy Discussions: Strengthening Foundations for Sustainable Economic Growth and Poverty Reduction; A. Macroeconomic Policies
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (73 p.)
Specific Material Designation
Form Of Item

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