This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Senegal and the IMF. Additional information can be found on Senegal and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Senegal.

Senegal and the IMF

Back to Top

At A Glance

  • Current IMF membership: 189 countries
  • Senegal joined the Fund in September 28, 1963
  • Total Quotas: SDR 533.00 Million (As of June 30, 2007)
  • Loans outstanding: PRGF Arrangements SDR 553.47 Million
  • Last Article IV Consultation: 2014 Article IV Consultation and Eighth Review Under the Policy Support Instrument-Staff Report; Press Release; and Statement by the Executive Director for Senegal (Country Report No. 15/2, January 14, 2015)

Back to Top

Senegal and the IMF

More

Back to Top

Regional Economic Outlook for Sub-Saharan Africa

Sub-Saharan Africa: Restarting the Growth Engine

May 2017

Growth momentum in sub-Saharan Africa remains fragile, marking a break from the rapid expansion witnessed since the turn of the millennium. 2016 was a difficult year for many countries, with regional growth dipping to 1.4 percent—the lowest level of growth in more than two decades. Most oil exporters were in recession, and conditions in other resource-intensive countries remained difficult. Other nonresource-intensive countries however, continued to grow robustly. A modest recovery in growth of about 2.6 percent is expected in 2017, but this falls short of past trends and is too low to put sub-Saharan Africa back on a path of rising living standards. While sub-Saharan Africa remains a region with tremendous growth potential, the deterioration in the overall outlook partly reflects insufficient policy adjustment. In that context, and to reap this potential, strong and sound domestic policy measures are needed to restart the growth engine. Read the report

Back to Top

Departmental Papers on Africa

Africa Departmental Papers Cover The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Back to Top

IMF Opens Africa Training Institute in Mauritius

The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.