The IMF Welcomes Gambia's 5.3% Economic Growth, but Expresses Concern over the Growing Debt Burden.
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By: Fatou Krubally The Gambian economy is projected to grow by 5.3% in 2024, placing the country ahead of most sub-Saharan African nations. But a worrying debt-to-GDP ratio of 73.5% threatens to slow the country's progress, the International Monetary Fund (IMF) warned. Unveiling the IMF's latest Regional Economic Outlook for Sub-Saharan Africa on Tuesday, IMF Resident Representative Patrick Gitton praised Gambia's economic resilience during a ch…
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