Tuesday, April 8, 2025

Gambia: IMF reaches agreement on second review of ECFA

by malinga
November 10, 2024 1:07 am 0 comment 630 views

Washington, DC: An International Monetary Fund (IMF) team, led by Eva Jenkner, held discussions in Washington DC with the Gambian authorities. The discussions followed those in Banjul from September 30 to October 11, 2024.

A staff-level agreement was reached on the second review of the program supported under the 36-month Extended Credit Facility (ECF) arrangement approved in January 2024 for total access of SDR 74.64 million (about US$99.4 million). Subject to approval by the IMF’s Executive Board, the completion of the review would enable a disbursement of SDR 8.29 million (about US$11.04 million),

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