{"id":17373,"date":"2022-06-13T13:34:09","date_gmt":"2022-06-13T13:34:09","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/imf-approves-6-72m-disbursement-for-gambia"},"modified":"2022-06-13T13:56:48","modified_gmt":"2022-06-13T13:56:48","slug":"imf-approves-6-72m-disbursement-for-gambia","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia","title":{"rendered":"IMF approves $6.72M disbursement for Gambia"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span>According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed a financing assurances review and granted a waiver of non-observance of a performance criterion on the ceiling on the net domestic borrowing of the central government.<\/p>\n<p>In a statement, the IMF said the ECF arrangement for The Gambia was approved by the IMF\u2019s Executive Board on March 23, 2020, with an initial total access of SDR 35 million (or 56.3% of quota) that was augmented to SDR 55 million (88.4% of quota) at the time of the completion of the first review under the ECF, on January 15, 2021.<\/p>\n<p>The Gambia has also benefitted from an IMF Rapid Credit Facility disbursement of SDR 15.55 million approved on April 15, 2020, and received debt service relief from the IMF under the Catastrophe Containment and Relief Trust, totaling SDR 7.9 million.<\/p>\n<p>&#8220;The Gambia\u2019s economic growth is estimated at 4.3 percent in 2021 despite the various waves of the COVID-19 pandemic. Growth is projected to reach 5.6 percent in 2022, predicated on strong remittance inflows, a robust expansion of the construction sector, and large public investment projects.&#8221;<\/p>\n<p>&#8220;The repercussions of the war in Ukraine intensify inflationary pressures, exacerbate pandemic-related uncertainties, dampen tourism prospects, and disrupt the supply of food and agricultural inputs. The central bank took initial measures to contain inflationary pressures, as inflation reached 11.7 percent end-April 2022. The authorities are advancing reforms on several fronts, including the transparency of COVID-19 spending, the institutional framework of State-Owned Enterprises, revenue administration, and public financial management.&#8221;<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/gambia\">Gambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed a financing assurances review and granted a waiver of non-observance of a performance criterion on the ceiling on the net domestic borrowing of the central government. In a statement, the IMF said the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":17372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8],"tags":[2355,2361,260],"class_list":["post-17373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IMF approves $6.72M disbursement for Gambia - Gambia<\/title>\n<meta name=\"description\" content=\"According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF approves $6.72M disbursement for Gambia\" \/>\n<meta property=\"og:description\" content=\"According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-13T13:34:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-13T13:56:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"711\" \/>\n\t<meta property=\"og:image:height\" content=\"711\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"IMF approves $6.72M disbursement for Gambia\",\"datePublished\":\"2022-06-13T13:34:09+00:00\",\"dateModified\":\"2022-06-13T13:56:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia\"},\"wordCount\":262,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia\",\"name\":\"IMF approves $6.72M disbursement for Gambia - Gambia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg\",\"datePublished\":\"2022-06-13T13:34:09+00:00\",\"dateModified\":\"2022-06-13T13:56:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg\",\"width\":711,\"height\":711,\"caption\":\"IMF approves $6.72M disbursement for Gambia\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/gambia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IMF approves $6.72M disbursement for Gambia\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/\",\"name\":\"Gambia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/gambia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IMF approves $6.72M disbursement for Gambia - Gambia","description":"According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia","og_locale":"en_US","og_type":"article","og_title":"IMF approves $6.72M disbursement for Gambia","og_description":"According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed ...","og_url":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia","og_site_name":"Gambia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-06-13T13:34:09+00:00","article_modified_time":"2022-06-13T13:56:48+00:00","og_image":[{"width":711,"height":711,"url":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"IMF approves $6.72M disbursement for Gambia","datePublished":"2022-06-13T13:34:09+00:00","dateModified":"2022-06-13T13:56:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia"},"wordCount":262,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg","keywords":["Africa Press","Africa Press-Gambia","Gambia"],"articleSection":["all news","community","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia","url":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia","name":"IMF approves $6.72M disbursement for Gambia - Gambia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/gambia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg","datePublished":"2022-06-13T13:34:09+00:00","dateModified":"2022-06-13T13:56:48+00:00","author":{"@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"According to IMF, this brings total disbursements under the ECF arrangement to SDR 45 million. The Board also completed ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#primaryimage","url":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg","contentUrl":"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2022\/06\/postQueueImg_16-62a74207f0f68.jpg","width":711,"height":711,"caption":"IMF approves $6.72M disbursement for Gambia"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/gambia\/all-news\/imf-approves-6-72m-disbursement-for-gambia#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/gambia\/"},{"@type":"ListItem","position":2,"name":"IMF approves $6.72M disbursement for Gambia"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/gambia\/#website","url":"https:\/\/www.africa-press.net\/gambia\/","name":"Gambia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/gambia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts\/17373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/comments?post=17373"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/posts\/17373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/media\/17372"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/media?parent=17373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/categories?post=17373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/gambia\/wp-json\/wp\/v2\/tags?post=17373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}