High-Level Summary Technical Assistance Reports

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

By Bryn Battersby, Ian H Hawkesworth, Natalia Salazar, Chathebert Mudhunguyo, Rehemah Namutebi, Willie Du Preez, Kubai Khasiani, Tchaoussala Haoussia

March 7, 2025

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Format: Chicago

Bryn Battersby, Ian H Hawkesworth, Natalia Salazar, Chathebert Mudhunguyo, Rehemah Namutebi, Willie Du Preez, Kubai Khasiani, and Tchaoussala Haoussia. "The Gambia: Public Investment Management Assessment Update with the Climate Module", High-Level Summary Technical Assistance Reports 2025, 007 (2025), accessed April 18, 2025, https://0-doi-org.library.svsu.edu/10.5089/9798229004145.029

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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.

Subject: Public financial management (PFM), Public Investment Management Assessment (PIMA)

Keywords: Climate change, Climate sensitivity, C-PIMA, Framework in The Gambia, Green PFM, Management framework, Management practice, PIMA, Priority investment project, Public investment management, Public Investment Management Assessment (PIMA), The Gambia

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