Capricious leader stymies growth in drought-struck Gambia
External shocks and structural problems are threatening the viability of the Gambia, the smallest economy on the African mainland. While the government has implemented a few corrective measures recommended by the International Monetary Fund, the outlook remains decidedly gloomy.
<i>The country’s undiversified economy relies on tourism and agriculture, which were severely damaged by the Ebola outbreak in West Africa and delayed summer rains last year. As a result, the trade and fiscal deficits widened, putting pressure on the currency. But the Gambia’s biggest problem is its deepening international isolation, caused by a repressive and unpredictable regime.</...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.