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The Gambia: Fifth Review Under the Extended Credit Facility Arrangement, Requests for Augmentation of Access, Waiver for Nonobservance of a Performance Criterion, Modification of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for The Gambia

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  • International Monetary Fund

Abstract

The repercussions of the war in Ukraine are threatening economic and social stability. Following a slight uptick in July-August, new COVID-19 cases have declined to almost nil recently while the vaccination rate remains low at around 22 percent of the population. The Gambia is also suffering from more frequent climatic shocks, including a recent major flooding. The country continues to advance social and justice reforms. Following a parliamentary election, President Barrow reshuffled the Cabinet in May 2022, without any expected change in the overall direction of economic policies.

Suggested Citation

  • International Monetary Fund, 2022. "The Gambia: Fifth Review Under the Extended Credit Facility Arrangement, Requests for Augmentation of Access, Waiver for Nonobservance of a Performance Criterion, Modification of a Performance Criteri," IMF Staff Country Reports 2022/385, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2022/385
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    Keywords

    forex shortage; ECF arrangement; inflation expectation; Gambia tax management system; procurement authority; market forces; Debt service; Global; West Africa;
    All these keywords.

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