European Parliament Library

The Gambia :, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver and Modification of Performance Criteria: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Gambia

This paper discusses key findings of the First Review Under the Poverty Reduction and Growth Facility (PRGF). Overall performance under the program has been strong. All but one of the quantitative performance criteria and indicative targets were met. Fiscal performance has been impressive, reflecting higher-than-projected revenues and strengthened expenditure control. However, two structural performance criteria were not observed. The medium-term macroeconomic framework underlying the program has been modified slightly. Maintaining fiscal discipline remains key to lowering domestic public debt and protecting poverty-reducing expenditures
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Economic Developments and Performance Under the Program; III. Policy Discussions; A. Fiscal Policy and Related Structural Reforms; B. Exchange Rate Regime, Monetary Policy, and Related Structural Reforms; C. Program Monitoring and Risks; IV. Toward The Completion Point Under the Enhanced HIPC Initiative; V. Staff Appraisal; Figures; 1. Growth in CPI and Broad Money, January 2002-June 2007; 2. Selected Exchange Rates, January 2002-June 2007; 3. Effective Exchange Rates, January 2002-April 2007
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (71 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR