IMF-冈比亚：技术援助报告公共投资管理评估与气候模块更新（英）

TECHNICAL ASSISTANCE REPORT THE GAMBIA Public Investment Management Assessment Update with the Climate Module JANUARY 2025 Prepared By Bryn Battersby, Ian Hawkesworth, Natalia Salazar, Chathebert Mudhunguyo, Rehemah Namutebi, Willie du Preez, Kubai Khasiani, and Tchaoussala Haoussia Fiscal Affairs Department ©2025 International Monetary Fund The contents of this document constitute technical advice provided by the staff of the International Monetary Fund to the authorities of The Gambia (the "CD recipient") in response to their request for technical assistance. Unless the CD recipient specifically objects to such disclosure, this document (in whole or in part) or summaries thereof may be disclosed by the IMF to the IMF Executive Director for The Gambia, to other IMF Executive Directors and members of their staff, as well as to other agencies or instrumentalities of the CD recipient, and upon their request, to World Bank staff, and other technical assistance providers and donors with legitimate interest (see Staff Operational Guidance on the Dissemination of Capacity Development Information). Publication or Disclosure of this report (in whole or in part) to parties outside the IMF other than agencies or instrumentalities of the CD recipient, World Bank staff, other technical assistance providers and donors with legitimate interest shall require the explicit consent of the CD recipient and the IMF’s Fiscal Affairs Department. The analysis and policy considerations expressed in this publication are those of the Fiscal Affairs Department. This technical assistance (TA) was provided with financial support from the Government of Japan. International Monetary Fund, IMF Publications P.O. Box 92780, Washington, DC 20090, U.S.A. T. +(1) 202.623.7430 • F. +(1) 202.623.7201 publications@IMF.org IMF.org/pubs IMF | Technical Report 3 Table of Contents Acronyms and Abbreviations _________________________________________________________ 6 Preface ____________________________________________________________________________ 7 Executive Summary _________________________________________________________________ 8 Recommendations _________________________________________________________________ 13 I. Public Investment in The Gambia ___________________________________________________ 15 A. Trends in Public Investment and Capital Stock __________________________________________ 15 B. Composition and Financing of Public Investment ________________________________________ 18 II. The Efficiency of Public Investment _________________________________________________ 22 III. Public Investment Management Institutions __________________________________________ 25 A. The PIMA Framework ______________________________________________________________ 25 B. Overall Assessment _______________________________________________________________ 26 C. Investment Planning _______________________________________________________________ 29 D. Investment Allocation ________________