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The Gambia :, Sixth Review Under the Arrangement Under the Extended Credit Facility and Request for Extension and Augmentation of the Arrangement, and Waiver of Nonobservance of Performance Criterion: Staff Report; Staff Supplement; Press Release; Statement by the Alternate Executive Director for The Gambia

Abstract
This paper discusses key findings of the Sixth Review Under the Extended Credit Facility (ECF) for The Gambia. Recent performance under the ECF-supported program continued to be broadly satisfactory. All quantitative performance criteria for end-September 2009 were achieved, except for the fiscal target, and there was good progress on the structural agenda. IMF staff recommends approval of the authorities’ request for a waiver for the nonobservance of the fiscal performance criterion based on corrective actions, notably the government budget for 2010 approved by the National Assembly with a near-zero basic balance
Table Of Contents
Cover; Contents; Executive Summary; I. Background-Progress Toward Sustained Macroeconomic Stability; II. Recent Economic Developments-Withstanding the Global Economic Crisis; III. Recent Performance Under the ECF Program-Broadly Satisfactory; IV. Policy Discussions; A. Medium-Term Macroeconomic Framework; B. Fiscal Policy; C. Monetary and Exchange Rate Policies; D. Banking Sector Issues; E. Debt Management and Sustainability; F. Risks; G. ECF Extension; H. Program Monitoring; V. Staff Appraisal; Box 1. Progress Toward a Medium-Term Debt Strategy; Tables; 1. Selected Economic Indicators
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (91 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781282844902

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