The International Monetary Fund approved immediate financing worth about $22.51 million for The Gambia after completing reviews of two economic programs in July.
The package totals SDR 16.58 million. It includes SDR 6.22 million, about $8.44 million, under the Extended Credit Facility and SDR 10.36 million, about $14.06 million, under the Resilience and Sustainability Facility.
Total disbursements under the credit arrangement reached SDR 55.97 million, about $75.98 million. Resilience-facility disbursements reached SDR 25.90 million, about $35.16 million.
The board extended both arrangements by six months and augmented the credit program by SDR 12.44 million, equal to 20% of The Gambia's IMF quota.
The IMF estimated that the economy grew 6% in 2025 and projected growth to moderate to 4.7% in 2026 before returning to about 5% over the medium term.
The Fund said inflation was easing and foreign-exchange reserves remained adequate, while warning that global uncertainty, climate shocks, debt pressures and policy slippage could weaken the outlook.
Program priorities include domestic-revenue collection, public-finance management, state-owned enterprises, central-bank governance and measures intended to strengthen climate resilience.
IMF approval and disbursement do not guarantee the projected growth path. The forecast assumes continued policy implementation and is exposed to external prices, tourism, weather and financing conditions.
Dollar equivalents in the IMF release are approximate because Special Drawing Right exchange rates fluctuate. The announcement describes financing to the government, not a direct payment to households or businesses.