2 April 2014

Gambia: IMF - Gambia's Exchange Market Stable

The mission chief of the International Monetary Fund (IMF) to The Gambia has declared that the country's exchange market is stabilised based on their assessment of the economy, which started last November.

Speaking to reporters Tuesday at the end of his meeting with Vice President Aja Dr. Isatou Njie-Saidy, Bhaswar Mukhopadhyay said their meeting discussed the assessment exercise of the country's economic development, which started a few months ago. "Now we are here to assess how things are working," he told reporters, while noting that The Gambia government and the Ministry of Finance and Economic Affairs have been working responsibly to control spending. This, he said, has led to the sound stabilisation of the economy.

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