Gambia’s export receipts fell by half as tourism inflows collapsed since Ebola broke out in Gambia’s neighbouring countries. Moreover, President Jammeh became more dictatorial, taking unpredictable measures that have been deterring investors and international donors. The fragile and aid-dependent economy’s liquidity position has tightened significantly, inciting a downgrade to category 6 for short-term political risk.
18 Sep 2018
Гамбия: In external debt distress despite impressive stabilisation
Event Gambia’s external and public debt position is unsustainable and according to the IMF’s last ‘Debt Sustainability Analysis’, the country ...