By Adama Makasuba
The government has held talks with the International Monetary Fund on recalibrating its economic programme, as officials reviewed growth prospects, fiscal pressures and reform priorities.
The meeting, led by the Ministry of Finance and Economic Affairs alongside the Central Bank of The Gambia, forms part of the IMF mission currently in the country for the Fifth Review under the Extended Credit Facility (ECF), the Second Review under the Resilience and Sustainability Facility (RSF), and the Article IV Consultation.
IMF Mission Chief, Eva Jenkner, said there was a need to adjust the programme following deviations from initial targets, particularly in revenue performance and spending pressures.
She also pointed to statistical discrepancies that need to be addressed and raised the possibility of extending the programme timeline. The Governor of the Central Bank, Buah Saidy, said the economy remained resilient, with growth estimated at 6.4% and inflation relatively contained.
He added that the financial sector continues to expand, supported by increases in banking assets and mobile money services.
Finance Minister Seedy K.M. Keita acknowledged ongoing challenges, including infrastructure gaps and rising expenditure pressures, but said the government remains committed to key reforms.
These include strengthening procurement systems and improving the performance of state-owned enterprises.
Mr Keita also highlighted progress in sectors such as agriculture, energy and education, which he said are contributing to economic development.
Both sides said the discussions reflect a shared commitment to maintaining economic stability and ensuring that reforms translate into tangible benefits for citizens.
