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This paper discusses The Gambia’s Request for Disbursement Under the Rapid Credit Facility, and Proposal for a Staff-Monitored Program. The authorities have committed to lowering net domestic borrowing (NDB) from 11.4 percent in 2016 to a fiscal anchor of 1 percent of GDP in 2017 and beyond, and refraining from monetary financing. External budget support of 7.2 percent of GDP will be complemented by a set of non-tax revenue and expenditure measures of 5 percent of GDP to achieve the NDB target. The IMF staff supports the authorities’ request. The IMF staff also views the package of measures the authorities have committed to as representing a very significant adjustment effort.
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. --- Banks and Banking --- Exports and Imports --- Macroeconomics --- Public Finance --- Statistics --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- Current Account Adjustment --- Short-term Capital Movements --- General Aggregative Models: General --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- National Government Expenditures and Related Policies: General --- International economics --- Public finance & taxation --- Econometrics & economic statistics --- Banking --- External debt --- Public debt --- Debt sustainability analysis --- Debt burden --- Balance of payments statistics --- Economic and financial statistics --- Debts, External --- Debts, Public --- Balance of payments --- Debt service --- National income
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