Gambia targets completion of two consecutive IMF programmes
By the AFREEQUE newsroom, based on Kerr Fatou
The Gambia could complete two consecutive three-year programmes with the International Monetary Fund, Finance Minister Seedy Keita said. The sixth review of the current programme is almost complete and the final review is scheduled for next spring, the Gambian minister said after a preliminary agreement with the IMF.
The Gambia is on course to complete two consecutive three-year programmes with the International Monetary Fund, a first for the country, Finance and Economic Affairs Minister Seedy Keita said on Friday. The government still has to conclude the sixth review of the Extended Credit Facility (ECF) programme and the third review of the Resilience and Sustainability Facility.
The current review is the penultimate one under the Gambia’s second three-year ECF agreement. The final review is scheduled for spring 2027; its approval would allow the country to complete two successive ECF programmes, Seedy Keita said at a press conference reported by Kerr Fatou.
The minister described the IMF mission as very fruitful. It visited road and infrastructure projects, including the Hakalang road network, the Senegambia Bridge, the Kabada road network and the Sukuta-Jabang road. The Fund’s team also met President Adama Barrow in Mansakonko to examine the impact of these investments on the economy and residents’ lives.
