The Gambia: 2001 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of The Gambia

International Monetary Fund

No 2001/148, IMF Staff Country Reports from International Monetary Fund

Abstract: The Gambia showed mixed economic performance. Executive Directors expressed concern about slippages in fiscal policy, which stemmed from the efforts to resolve the Alimenta property dispute and also from shortfalls in customs revenue, and delays in implementing some structural reforms. They encouraged the authorities to implement governance-strengthening measures for enhancing transparency and accountability in public resource management. They welcomed the antimoney laundering law, noted the progress made in improving economic and financial data, and stressed the need to tighten monetary and fiscal policies, and strengthen the financial sector.

Keywords: ISCR; CR; government; cross arrears; priority agenda; Alimenta; deficit; treasury bill rate; Alimenta property dispute; government commitment; Gambian authorities; Agricultural commodities; Commercial banks; Monetary base; Debt relief; West Africa (search for similar items in EconPapers)
Pages: 65
Date: 2001-08-20
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