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The Gambia; Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper and Statistical Appendix for The Gambia underlies that the exchange rate is broadly in line with fundamentals, although data weaknesses and uncertainties prevent a definitive assessment. The Gambia’s current account deficit is higher than economic fundamentals would predict, and a depreciation of 11 percent would be needed to restore sustainability. The external sustainability approach suggests that 4–6 percent depreciation is needed for the current account deficit to be consistent with constant net foreign assets as a share of GDP.

Suggested Citation

  • International Monetary Fund, 2008. "The Gambia; Selected Issues and Statistical Appendix," IMF Staff Country Reports 08/325, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:08/325
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    References listed on IDEAS

    as
    1. Yongzheng Yang & Sanjeev Gupta, 2005. "Regional Trade Arrangements in Africa; Past Performance and the Way Forward," IMF Working Papers 05/36, International Monetary Fund.
    2. Segura-Ubiergo,Alex, 2012. "The Political Economy of the Welfare State in Latin America," Cambridge Books, Cambridge University Press, number 9781107410664.
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