IMF and Gambian authorities reach staff-level agreement on economic policies for Gambia's 36-month ECF program, supporting economic recovery and development.

IMF staff and Gambian authorities have concluded a staff-level agreement on economic policies for the first review of Gambia's 36-month Extended Credit Facility (ECF) program, approved in January 2024. The Gambia's economy is recovering, inflation is decelerating, and foreign exchange market pressures are easing. The IMF supports the country's ambitious development agenda by encouraging continued strong policies.

May 03, 2024
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