The Gambia: Poverty Reduction Strategy Paper: Annual Progress Report: Joint Staff Advisory Note

International Monetary Fund

No 2009/076, IMF Staff Country Reports from International Monetary Fund

Abstract: This Joint Staff Advisory Note discusses the Annual Progress report of The Gambia’s Poverty Reduction Strategy Paper. Macroeconomic performance has been strong, exemplified by robust growth and relatively low inflation. However, the current global economic slowdown is likely to adversely affect growth in The Gambia and widen the external current account deficit by slowing down tourism and remittances. In addition to the impact of the global economic slowdown, re-export trade appears to be contracting as the country’s regional comparative advantages deteriorate, and foreign direct investment is projected to level off after rising sharply.

Keywords: ISCR; CR; government; policy; governance; PRSP policy; reform; government policy; PRSP target outcome; refining PRSP performance indicator; groundnut sector reform roadmap; PRSP expenditure; IFMIS Sustainability Plan; Civil service reform; Agricultural sector; Economic recession; Public sector; Global (search for similar items in EconPapers)
Pages: 9
Date: 2009-03-02
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