The Gambia Second Fiscal Management, Energy and Telecom Reform DPF: Supplemental Financing:

closed

The development objective of the Second Fiscal Management, Energy, and Telecom Reform Supplemental Development Policy Financing (DPF) for Gambia is to: (i) improve debt and public investment management; (ii) improve financial viability and service delivery in the energy and telecom sectors; and (iii) enhance the transparency and governance framework of state-owned enterprises (SOEs). The program supported by the DPF is on track, and the Government of the Gambia (GoG) remains fully committed to the implementation of the policy actions, although the war in Ukraine is threatening the development outcomes. The supplemental DPF offers the opportunity to respond quickly to the urgent needs of the Gambia and address the spillover effects of this unanticipated external shock.