Tag Archives: Central Bank
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.
The International Monetary Fund (IMF) says Gambia’s newly introduced Tax collection system — the Value Added Tax (VAT)- is killing the country’s ailing economy and businesses. “The outlook for the economy is generally favorable for 2013, but there are risks. Real GDP growth is expected to accelerate, if the recovery in crop production is sustained.
13 Million Cards to be issued first, in largest card rollout of its kind in Africa
Statement by an IMF Mission to The Gambia for Concluding Discussions of the First Review of the ECF Arrangement
BANJUL, Gambia, April 15, 2013/African Press Organization (APO)/ – An IMF mission led by Mr. David Dunn visited The Gambia during April 4-10, 2013, to conclude discussions on the first review of the authorities’ macroeconomic and financial program that is supported by the IMF under its Extended Credit Facility (ECF). The mission met with His Excellency President Yahya AJJ Jammeh, Honorable Minister of Finance and Economic Affairs Abdou Kolley, Governor of the Central Bank of The Gambia (CBG) Amadou Colley, and other senior officials.
An International Monetary Fund (IMF) mission led by Hervé Joly visited Senegal during March 27-April 10, 2013 to conduct the fifth review under the three-year Policy Support Instrument (PSI) approved in December 2010. The members of the mission met with the President of the Republic, the Prime Minister, the ministers of economy and finance, and energy; representatives of the Central Bank of West African States (BCEAO); other senior government officials; and representatives of the private sector, civil society, and the development partners.