The International Monetary Fund (IMF) has expressed serious concerns about the Gambia’s rising debt vulnerabilities. The IMF said the country’s debt-to-GDP ratio has skyrocketed by end‑2017 to nearly 130 per cent of GDP and total debt service-to-revenue (excluding grants) is now projected to average 53 per cent over 2018–20. It[Read More…]
Economy
Finance Perm Sec: Gambia’s Economy Not Measured With Right Numbers
The Permanent Secretary at the Ministry of Finance and Economic Affairs, Lamin Camara, said Gambia has not been using the right numbers to measure the country’s economy. He said figures of 2004 have been used to calculate the GDP, giving a wrong data on the economy. “All along our GDP[Read More…]
Gambia Implements IMF’s Enhanced General Data Dissemination System
The Gambia has launched a National Summary Data Page (NSDP) in implementing the recommendations of the Enhanced General Data Dissemination System (e-GDDS). The NSDP is a national data portal that serves as a one-stop vehicle for publishing essential macroeconomic data in both human and machine-readable formats. The NSDP is hosted[Read More…]