If the IMF, WB and EU could give Gambia money but with strings attached, they can equally help it deal with corruption. The apparent laisez faire attitude of these financing institutions towards the deepening public perception of official corruption in the country has yet to be understood. Despite pumping millions of[Read More…]
Tag: IMF
IMF Says Gambia’s Economic Recovery & Tax Collection Weaker Than Anticipated
IMF’s acting board chair Mr. Bo Li said recently that the Gambia’s economic recovery and tax collection are “weaker than anticipated while inflationary pressures and foreign exchange shortages are intensifying”. According to Mr. Li, this situation has been engendered by the ramifications of Russia’s invasion of Ukraine, the Covid-19 hangover[Read More…]
IMF Approves Nearly US$27.41M For Gambia
The Executive Board of the IMF has approved about US$27.41m for The Gambia after the Fifth Review under the Extended Credit Facility Arrangement for the country held in Washington, DC on Thursday. This takes the total disbursements under ECF arrangements to about US$87.44 million. In the second augmentation of access[Read More…]
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