冈比亚：2026年第四条磋商、扩展信贷便利安排下第五次审查等相关请求

THE GAMBIA 2026 ARTICLE IV CONSULTATION, FIFTH REVIEWUNDER THE EXTENDED CREDIT FACILITYARRANGEMENT, REQUESTS FOR PROGRAMEXTENSION, AUGMENTATION AND REPHASING OFACCESS UNDER THE EXTENDED CREDIT FACILITY,REQUESTS FOR WAIVERS OF NON-OBSERVANCE OFPERFORMANCE CRITERIA, MODIFICATION OFPERFORMANCE CRITERIA, FINANCING ASSURANCESREVIEW, SECOND REVIEW UNDER THE RESILIENCEAND SUSTAINABILITY FACILITY ARRANGEMENT, ANDREQUEST FOR EXTENSION AND REPHASING OFACCESS UNDER THE RESILIENCE AND SUSTAINABILITYFACILITY—PRESS RELEASE;STAFF REPORT;ANDSTATEMENT BY THE EXECUTIVE DIRECTOR FORTHEGAMBIA July 2026 In the context of theStaff Report for the 2026 Article IV Consultation, Fifth Review Underthe Extended Credit Facility Arrangement, Requests for Program Extension, Augmentationand Rephasing of Access Under the Extended Credit Facility, Requests for Waivers of Non-Observanceof Performance Criteria, Modification of Performance Criteria, FinancingAssurances Review, Second Review Under the Resilience and Sustainability FacilityArrangement, and Request for Extension and Rephasing of Access Under the Resilienceand Sustainability Facility, the following documents have been released and are includedin this package: •APress Releaseincluding a statement by the Chair of the Executive Boardsummarizing the views of the Executive Board as expressed during itsJuly 6, 2026consideration of the staff report on issues related to the Article IV Consultation andthe IMF arrangement •TheStaff Reportprepared by a staff team of the IMF for the Executive Board’sconsideration onJuly 6, 2026, following discussions that ended onMay 6, 2026, withthe officials ofThe Gambiaon economic developments and policies.Based oninformation available at the time of these discussions, the staff report was completedonJune 18, 2026. •AnInformational Annexprepared by the IMFstaff. •ADebt Sustainability Analysisprepared by the staff of the IMF and the World Bank. •AStaffStatementupdating information on recent developments.•AStatement by the Executive DirectorforThe Gambia. The documents listed below have been or will be separately released. Selected Issues TheIMF’s transparency policy allows for the deletion of market-sensitive information andpremature disclosure of the authorities’ policy intentions in published staff reports andother documents. Copies of this report are available to the public fromInternational Monetary Fund•Publication ServicesPO Box 92780•Washington, D.C. 20090Telephone: (202) 623-7430•Fax: (202) 623-7201E-mail:publications@imf.org Web:http://www.imf.org The Gambia: IMF Executive Board Concludes the 2026 Article IVConsultation with The Gambia and Completes the Fifth ReviewUnder the Extended Credit Facility and the Second Review Underthe Resilience and Sustainability Facility Arrangements FOR IMMEDIATE RELEASE The IMF Executive Board today concluded the 2026 Article IV Consultation and completed theFifth Review Under the Extended Credit Facility Arrangement and the Second Review Underthe Resilience and Sustainability Facility Arrangement with The Gambia, enabling an immediateoverall disbursement of SDR16.58 million (about US$22.51 million) under both the ECF and theRSF. The Executive Board also approved a six-month extension of the ECF and RSFarrangements and an augmentation of access under the ECF arrangement of SDR 12.44million (20 percent of quota). Economic activity remains robust, with GDP growth estimated at 6 percent in 2025, whileinflation has picked up in recent months. The impact of the war in the Middle East is weighingon the macroeconomic outlook and heightening domestic risks. Growth is projected to slow to4.7 percent in 2026 before stabilizing at 5 percent over the medium term. Despite the challenging environment, the authorities are committed to the objectives set out inthe ECF and RSF arrangements. In response to end-2025 fiscal slippages, fiscal policy will betightened, including through stepped-up revenue mobilization, and the central bank remainsvigilant to contain inflation and safeguard external stability. Comprehensive capacity development support is strengthening economic reforms, including inrevenue administration, public financial management, SOE oversight and data reporting, aswell as steps to enhance climate resilience and sustainable and inclusive growth. Washington, DC–July 6, 2026:The Executive Board completed today the 2026 Article IVConsultation for The Gambia1and the fifth review of The Gambia’s Extended Credit Facility(ECF) arrangement, approved on January 12, 2024,to support reforms to address long-standing structural impediments to inclusive growth. The completion of the ECF review allowsfor the immediate disbursement of SDR6.22 million (about US$8.44 million), bringing totaldisbursements under this arrangement to SDR55.97 million (about US$75.98 million). TheExecutive Board also completed the second review under the Resilience and SustainabilityFacility (RSF) arrangement, approved on June 18, 202