Not all bad news from the IMF but some policies have to be looked at again,and made the comment: "The IMF noted that prior to the drought, The Gambia made significant progress in the fight against poverty; however, poverty is still widespread."
Snippet:
"Directors noted that recent exchange rate directives have disrupted the foreign exchange market, encouraged capital flight, and dampened remittances from abroad. They cautioned that a prolonged overvalued exchange rate would risk damaging The Gambia’s international competitiveness."
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Posted - 16 Sep 2013 : 12:37:08
