Publication:
The Gambia Economic Update, Spring 2025: The Gambia Public Debt - An Achilles Heel?

Simple item page
dc.contributor.authorWorld Bank
dc.date.accessioned2025-08-19T14:32:55Z
dc.date.available2025-08-19T14:32:55Z
dc.date.issued2025-08-19
dc.description.abstractThe Gambia’s economy continued its recovery in 2024, driven by agriculture and services on the supply side and by public and private consumption and investment spending on the demand side. Despite increased service exports and robust remittances, the external accounts worsened in 2024 and foreign exchange reserves in months of imports declined. The fiscal deficit narrowed in 2024, supported by stronger tax revenue mobilization, which helped reduce public debt, although it remains elevated with a high risk of distress. While extreme poverty declined in 2024, supported by rising labor incomes and lower inflation, significant disparities and inequalities persist. Public debt affects The Gambia’s economy through public and private investment, interest rates, and access to private sector credit.en
dc.identifierhttps://openknowledge.worldbank.org/entities/publication/df52d6e6-935a-46f2-8006-93f00665203c
dc.identifier.doihttps://doi.org/10.1596/43613
dc.identifier.urihttps://hdl.handle.net/10986/43613
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectNO POVERTY
dc.subjectINVESTMENT SPENDING
dc.subjectFISCAL DEFICIT NARROWING
dc.subjectPUBLIC DEBT
dc.subjectLABOR INCOMES
dc.subjectDECENT WORK
dc.titleThe Gambia Economic Update, Spring 2025en
dc.title.subtitleThe Gambia Public Debt - An Achilles Heel?en
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-08-19
okr.date.doiregistration2025-08-21T02:11:37.402481Z
okr.date.lastmodified2025-07-27T01:05:36Zen
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099070125072566070
okr.guid099070125072566070
okr.identifier.docmidP507238-70f99bb6-2c49-421c-955a-95ba67e6c5f7
okr.identifier.externaldocumentum40027628
okr.identifier.internaldocumentum40027628
okr.identifier.report202762
okr.import.id8313
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099070125072566070/pdf/P507238-70f99bb6-2c49-421c-955a-95ba67e6c5f7.pdfen
okr.region.administrativeAfrica Western and Central (AFW)
okr.region.countryGambia, The
okr.sectorCentral Government (Central Agencies),Social Protection
okr.sectorSocial Protection,Public Administration
okr.themeMacroeconomic Modeling,Energy and Mineral Resources,Macroeconomic Simulation and Policy Analysis,Environment, Infrastructure, and Natural Resource Management,Debt Management,Macroeconomic Model Development,Debt Policy,Adaptive Social Protection,Just Transition in non-Coal Sectors,Poverty and Equity,Human Development,Economic Policy,Social Safety Nets,Tax policy,Fiscal Policy,Gender-Based Violence,Social Protection,Economic Inclusion,Human Capital to Advance Gender Equality,Gender
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicMacroeconomics and Economic Growth::Income
okr.topicMacroeconomics and Economic Growth::Consumption
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
P507238-70f99bb6-2c49-421c-955a-95ba67e6c5f7.pdf
Size:
9.12 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
P507238-70f99bb6-2c49-421c-955a-95ba67e6c5f7.txt
Size:
487.08 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Economic Updates and Modeling