Showing posts with label Monetary Policy. Show all posts
Showing posts with label Monetary Policy. Show all posts

Tuesday, April 8, 2014

IMF says Gambia’s policy implementation gone off-track

Projections of The Gambia’s economic growth are usually not representative of citizens’ socioeconomic status.

The International Monetary Fund (IMF) has on April 7 stated The Gambia’s implementation of [financial] policies during the first quarter of 2014 has “gone off-track”.

“[This is] mainly because spending significantly exceeded agreed targets following completion of the first review in May 2013,” it says after assessing the authorities’ progress in implementing [monetary] policies to bring their reform programme back on track.


Gambia’s reform programme is supported by an IMF Extended Credit Facility arrangement.