IMF staff-level agreement with The Gambia could unlock SDR 20.73m (≈$28m), pending Board approval
On 30 October 2026 IMF staff and Gambian authorities reached a staff-level agreement on the sixth ECF review and third RSF review that, subject to Executive Board approval and agreed prior actions, would provide SDR 20.73 million (about US$28 million) in additional financing.
The desk brief
On 30 October 2026 IMF staff and Gambian authorities reached a staff-level agreement on the sixth ECF review and third RSF review that, subject to Executive Board approval and agreed prior actions, would provide SDR 20.73 million (about US$28 million) in additional financing.
If approved by the IMF Executive Board, the SDR 20.73m disbursement would augment The Gambia’s external financing and ease near-term fiscal financing gaps, conditional on prior actions. The funding’s macro impact depends on timing of Board approval and the government’s use of proceeds; it does not itself imply immediate market re-pricing without confirmed disbursement or execution details.
IMF Executive Board decision on completion of the two reviews and disbursement (date of Board meeting or press statement).
Sources & verification
Developing storyDeveloping story supported by 2 independent public publishers; further confirmation is being sought.
- Gambia Set to Receive Additional $28 Million as IMF Reaches Staff-Level Agreementkerrfatou.com (opens in a new tab)
- IMF, Gambia Reach Agreement Paving Way for 28 Million in Financing – The Gambia Journalgambiaj.com (opens in a new tab)
Public references supporting this brief.