European Parliament Library

The Gambia :, Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for a Waiver of Nonobservance of Performance Criterion: Staff Report; and Press Release

This paper discusses key findings of the Fifth Review under the Poverty Reduction and Growth Facility (PRGF) for The Gambia. The Gambia’s external debt position has worsened recently. The global economic crisis is undermining growth and the external balance. Performance on the PRGF-supported program has been generally satisfactory. All quantitative performance criteria for end-March 2009 were met, and the structural measures scheduled through March were implemented. IMF staff supports the authorities’ request for a waiver for the nonobservance of the performance criterion for making the credit reference bureau operational
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Economic Developments and Progress; Figures; 1. Recent Economic Developments; 1. Recent Economic Developments; 2. The Gambia in Regional Perspective; 2. The Gambia in Regional Perspective; III. Policy Discussions; A. Medium-Term Macroeconomic Framework; B. Fiscal Policy; 3. Medium-Term Outlook; 3. Medium Term Outlook; C. Debt Sustainability; 4. PV of Debt to Export Ratio; 4. PV of Debt to Exports Ratio; D. Monetary and Exchange Rate Policies; Boxes; 1. Why is The Gambia Still at High Risk of Debt Distress?
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (62 p.)
Specific Material Designation
Form Of Item

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