The Gambia: Public Investment Management Assessment Update with the Climate Module

Author: Bryn Battersby, Ian H Hawkesworth, Ms. Natalia Salazar, Chathebert Mudhunguyo, Rehemah Namutebi, Willie Du Preez, Mr. Kubai Khasiani, and Tchaoussala Haoussia

The assistance assessed The Gambia’s public investment management practices and their climate sensitivity using the Public Investment Management Assessment (PIMA) with the Climate Module (C-PIMA).

Volume/Issue: Volume 2025 Issue 007

Publication date: March 2025

ISBN: 9798229004145

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Finance , The Gambia , Public investment management , PIMA , C-PIMA , climate change , Green PFM , management practice , management framework , climate sensitivity , framework in The Gambia , priority investment project , Public Investment Management Assessment (PIMA)

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Summary

The assistance assessed The Gambia’s public investment management practices and their climate sensitivity using the Public Investment Management Assessment (PIMA) with the Climate Module (C-PIMA). Findings reveal progress in strengthening the institutional design of public investment management since the 2019 PIMA, with advances such as the 2020 Cabinet Memorandum establishing the Gambia Strategic Review Board, the 2023 State Owned Enterprise (SOE) Act for centralized SOE oversight, and improved procurement legislation. However, gaps in project selection criteria, centralized reviews, and risk assessment persist. The assessment also noted weaknesses in the climate sensitivity of public investment management, with limited integration of climate risks into project planning, appraisal, and selection. Recommendations include creating a public investment management information system, centralizing PIM oversight within the Ministry of Finance, establishing project selection pipelines, and enhancing climate-related criteria within investment decisions.