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Gambia - Completion Point Document under Theenhanced HIPC Inititiave


On December 19, 2007, the Republic of The Gambia became the 19 th regional member country (RMC) to reach completion point under the enhanced HIPC Initiative. As a result, the Boards of Directors of the IMF and the World Bank approved a HIPC assistance of US$ 66.6 million in end-1999 NPV terms for The Gambia which includes US$ 15.8 million debt relief under the enhanced HIPC from the bank Group. There was no topping-up assistance for The Gambia.

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