{"id":465357,"date":"2019-03-25T13:34:32","date_gmt":"2019-03-25T12:34:32","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=465357"},"modified":"2019-03-25T13:34:32","modified_gmt":"2019-03-25T12:34:32","slug":"gambia-imf-announces-real-gdp-of-6-6-in-2018","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/03\/25\/gambia-imf-announces-real-gdp-of-6-6-in-2018\/","title":{"rendered":"Gambia: IMF announces real GDP of 6.6% in 2018"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Gambia&#8217;s real GDP grew by around 6.6 percent in 2018 compared to 4.6 percent the previous year, according to a team of the International Monetary Fund (IMF) at the end of the mission in the country.<\/p>\n<p>&#8220;The economic recovery in The Gambia has continued to gain momentum, supported by renewed business confidence,&#8221; said Jaroslaw Wieczorek, the head of the IMF team quoted in a statement released on March 8, 2019.<\/p>\n<p>&#8220;The improved inflation outlook paved the way for easing monetary conditions and a strong recovery of credit to the private sector. The strong growth of tourism and remittances has stabilized the Dalasi and facilitated the creation of gross official reserves, which reached US $ 195 million at the end of January 2019 (about three months of potential imports) &#8220;, he added.<\/p>\n<p>In addition, the institution announces that headline inflation has risen from 6.9% at the end of 2017 to 6.1% in January 2019.<\/p>\n<p>Small country in West Africa bordered by Senegal and with a narrow coastline on the Atlantic Ocean, Gambia has a dominated by tourism, construction, agriculture and telecoms.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Gambia&#8217;s real GDP grew by around 6.6 percent in 2018 compared to 4.6 percent the previous year, according to a team of the International Monetary Fund (IMF) at the end of the mission in the country. &#8220;The economic recovery in The Gambia has continued to gain momentum, supported by renewed business confidence,&#8221; said Jaroslaw<\/p>\n","protected":false},"author":536748,"featured_media":465361,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12040,12046],"tags":[3296,14351,12100],"class_list":{"0":"post-465357","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"category-leaders-en","9":"tag-adama-barrow","10":"tag-gambia","11":"tag-imf-en","12":"post_format-post-format-aside","13":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gambia: IMF announces real GDP of 6.6% in 2018 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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