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The Gambia: Poverty Reduction Strategy Paper: Annual Progress Report: Joint Staff Advisory Note
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2009: Issue 076
Language:
English
Publication Date:
02 Mar 2009
DOI:
https://doi.org/10.5089/9781451815658.002
ISBN:
9781451815658
ISSN:
1934-7685
Pages:
9
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
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2009: Issue 076