IMF: NAWEC leads spending pressures in Gambia

From The North Bank Evening Standard [TNBES] Thu Nov 20 2014, 15:49:00

"Public debt, which stood at more than 80 percent of Gross Domestic Product (GDP) at the end of 2013, is projected to exceed 90 percent of GDP by the end of this year. The burden of government borrowing will exert further pressure on inflation, international reserves, and the exchange rate," IMF says.

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