The Gambia: Selected Issues

International Monetary Fund

No 2018/100, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper assesses the macrofinancial linkages in The Gambia. Significant macrofinancial linkages persist in The Gambia, first and foremost between the public sector and the banks. Banks are highly exposed to the government through large holdings of short-term government debt, which is a legacy of the large financing needs of the previous administration. In addition, large claims have built up between government and state-owned enterprises (SOEs) on the one hand, and banks and the corporate sector including SOEs on the other. There has been persistent financial distress within the SOE cluster. Weak SOE performance has also led to arrears both to central government and within the SOE cluster.

Keywords: ISCR; CR; bank; Gambia; private sector; banking industry; T-bill; T-bill market; bank deposits-to-GDP ratio; banking industry assets; financial system; bank debtor; Gambian bank; Credit; Financial sector development; Fiscal stress tests; Fiscal risks; West Africa (search for similar items in EconPapers)
Pages: 40
Date: 2018-04-04
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=45785 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2018/100

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().