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The Gambian authorities produced two Annual Progress Reports (APRs) covering implementation of the first Poverty Reduction Strategy Paper (PRSP) during 2002–03 and 2004, respectively. This addendum is organized around four of the main themes of the first PRSP: (i) macroeconomic stability and effective public resource management; (ii) promotion of pro-poor growth and employment creation through private sector development, particularly in the rural agricultural sector; (iii) improved basic social services and infrastructure; and (iv) capacity-building of local communities and civil society organizations (CSOs).
Poverty --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Gambia --- Colony of the Gambia --- Gambia, The --- Gambie --- Gambii︠a︡ --- Ganbia --- Gangbiya --- Republic of the Gambia --- Respublika Gambii︠a︡ --- The Gambia --- ガンビア --- 冈比亚 --- Economic conditions. --- Economic policy. --- Public Finance --- Civics and Citizenship --- Social Services and Welfare --- Health: General --- Education: General --- Formal and Informal Sectors --- Shadow Economy --- Institutional Arrangements --- Government Policy --- Provision and Effects of Welfare Program --- National Government Expenditures and Related Policies: General --- Health economics --- Education --- Civil service & public sector --- Social welfare & social services --- Public finance & taxation --- Health --- Civil society organizations --- Poverty reduction strategy --- Expenditure --- Economic sectors --- Civil society --- Expenditures, Public
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An assessment is provided of The Gambia’s performance in meeting the requirements for reaching the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative is provided. Next, the paper reviews the status of creditor participation and presents an updated debt sustainability analysis (DSA). The paper contains a summary of the main conclusions, and lists a number of issues for discussion by the Boards of IDA and the IMF. The poverty database and monitoring capacity has been improved. Macroeconomic performance under the third poverty reduction growth facility (PRGF)-supported program has been strong.
Debt relief --- Poverty --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Debt renegotiation --- Debt rescheduling --- Debt restructuring --- Relief, Debt --- Renegotiation, Debt --- Rescheduling, Debt --- Restructuring, Debt --- Debtor and creditor --- Law and legislation --- Gambia --- Colony of the Gambia --- Gambia, The --- Gambie --- Gambii︠a︡ --- Ganbia --- Gangbiya --- Republic of the Gambia --- Respublika Gambii︠a︡ --- The Gambia --- ガンビア --- 冈比亚 --- Economic policy. --- Exports and Imports --- Financial Risk Management --- Public Finance --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- National Government Expenditures and Related Policies: General --- International economics --- Finance --- Public finance & taxation --- Debt service --- External debt --- Debt sustainability --- Expenditure --- Asset and liability management --- Debts, External --- Expenditures, Public
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The Czech Republic’s strong fundamentals helped to sustain economic growth with low unemployment and underpin strides toward convergence with EU-15. Executive Directors welcomed the euro accession strategy and the sustained implementation of the Maastricht criteria, which would provide a solid foundation for euro adoption. They commended the sound financial system and prudent monetary policies and supported policy tightening to counter rising inflation pressures. Directors highlighted the need to sustain fiscal consolidation, promote labor participation, and lower structural unemployment in alleviating fiscal adjustment.
African Development Bank. --- Gambia -- Economic conditions -- 1965-. --- Gambia -- Economic policy. --- International Monetary Fund -- Gambia. --- World Bank -- Gambia. --- Foreign Exchange --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Social Services and Welfare --- Statistics --- Government Policy --- Provision and Effects of Welfare Program --- National Government Expenditures and Related Policies: General --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Debt --- Debt Management --- Sovereign Debt --- Current Account Adjustment --- Short-term Capital Movements --- Public finance & taxation --- Social welfare & social services --- Monetary economics --- Currency --- Foreign exchange --- Econometrics & economic statistics --- Poverty reduction strategy --- Monetary base --- Expenditure --- Balance of payments statistics --- Poverty --- Economic and financial statistics --- Money --- Money supply --- Expenditures, Public --- Debts, Public --- Balance of payments --- Gambia, The
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This Selected Issues paper and Statistical Appendix for The Gambia underlies that the exchange rate is broadly in line with fundamentals, although data weaknesses and uncertainties prevent a definitive assessment. The Gambia’s current account deficit is higher than economic fundamentals would predict, and a depreciation of 11 percent would be needed to restore sustainability. The external sustainability approach suggests that 4–6 percent depreciation is needed for the current account deficit to be consistent with constant net foreign assets as a share of GDP.
Exports and Imports --- Foreign Exchange --- Taxation --- Current Account Adjustment --- Short-term Capital Movements --- Trade Policy --- International Trade Organizations --- Trade: General --- International economics --- Currency --- Foreign exchange --- Public finance & taxation --- Current account deficits --- Current account balance --- Current account --- Imports --- Real effective exchange rates --- Balance of payments --- International trade --- Trade liberalization --- Tariff --- Commercial policy --- Gambia, The
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The Gambia’s 2008 Article IV Consultation and Third Review Under the Poverty Reduction and Growth Facility are discussed. A sharp appreciation of the dalasi in 2007 has mitigated the impact of increases in world food and oil prices. The authorities’ response to the continuing rise in these world prices has been measured; while eliminating sales tax on the rise, they have raised other taxes to compensate for the revenue loss. Petroleum product prices have been adjusted to eliminate an implicit subsidy and bring them in line with import costs.
Economic assistance. --- Economic development. --- International Monetary Fund. --- Poverty. --- Exports and Imports --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Statistics --- Debt --- Debt Management --- Sovereign Debt --- International Lending and Debt Problems --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- National Government Expenditures and Related Policies: General --- Fiscal Policy --- Public finance & taxation --- International economics --- Finance --- Monetary economics --- Econometrics & economic statistics --- Public debt --- External debt --- Monetary base --- Debt relief --- Balance of payments statistics --- Money --- Expenditure --- Economic and financial statistics --- Debts, External --- Debts, Public --- Money supply --- Fiscal policy --- National income --- Expenditures, Public --- Gambia, The
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