The Gambia: Enhanced Heavily Indebted Poor Countries Initiative: Completion Point Document and Multilateral Debt Relief Initiative

International Monetary Fund

No 2008/109, IMF Staff Country Reports from International Monetary Fund

Abstract: An assessment is provided of The Gambia’s performance in meeting the requirements for reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative is provided. Next, the paper reviews the status of creditor participation and presents an updated debt sustainability analysis (DSA). The paper contains a summary of the main conclusions, and lists a number of issues for discussion by the Boards of IDA and the IMF. The poverty database and monitoring capacity has been improved. Macroeconomic performance under the third poverty reduction growth facility (PRGF)-supported program has been strong.

Keywords: ISCR; CR; base year; current account; debt management; regulatory agency; government policy; exchange rate; NPV terms; economic growth; Debt relief; Debt service; Debt sustainability; West Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 78
Date: 2008-03-24
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