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| Mr Dunn |
The International Monetary Fund (IMF) and the World Bank (WB) diligently carried out a ‘Debt Sustainability Analyses (DSA)’ that has cautioned the trend in which the economy and financial system of the country is faring.
The DSA is a formal framework developed by the IMF for conducting public and external debt sustainability analysis as a tool to better detect, prevent, and resolve potential crises. It looks at the evolutions of government debt over the next twenty years and it is based on long-ranged projections of government borrowing needs.
According to David Dunn, Chief of IMF mission to The Gambia, “The Gambia is classified as being high risk of debt distress at the moment based on a debt sustainability analyses by the IMF and WB.”
