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International Monetary Fund
The note views the problem of poverty in The Gambia. The largest group of cash crop producers have the highest poverty rate in the country. The design of public policies in the area of education and health has a large impact on the living standards of the poor. Therefore, these social policies have to be supported by policies that enhance the poor households' access and use of formal financial services. The note discusses the Gambian government's attempts to address the growing incidence of poverty.
STEPHEN MINK

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International Monetary Fund

This 2011 Article IV Consultation highlights that the Gambian economy has performed well in recent years, despite a difficult global environment. The external current account deficit has widened in recent years, owing to weak tourism receipts and remittances and high global commodity prices. Executive Directors have commended the authorities for making progress in poverty reduction and achieving strong growth and low inflation despite a difficult global environment. Directors have welcomed the improved fiscal performance and supported the government’s plans for additional fiscal consolidation in the period ahead.