IMF says Gambia economy recovering

International Monetary Fund Mission Chief, Mr Ivohasina Fizara Razafimaheta, says the Gambian economy has started the recovery process following the impacts of Covid-19

He said the high inflation is beyond the country’s control attributing it to external factors

Speaking to the press after a closed-door meeting with President Adama Barrow, the IMF Mission Chief said his team briefed the President on the conclusions of the 5th Review Mission of the Government's Programme, supported by the IMF under the Extended Credit Facilities arrangements.

He added that they discussed the economic developments in the first six months of the year and the Government's policy direction for the next six to twelve months.  

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