Senegal : Staff Report for the 2004 Article IV Consultation and Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria and Rephasing of the Arrangement

Author/Editor:

International Monetary Fund

Publication Date:

July 26, 2006

Electronic Access:

Free Full Text (PDF file size is 990 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Senegal achieved robust economic growth and low inflation under the economic program. Executive Directors emphasized the need to correct slippages in fiscal governance and transparency to ensure budgetary discipline and strengthen procurement rules and practices. They appreciated the action plan for the development and soundness of the financial system, simplifying loan recovery procedures and improving the efficiency of the judiciary system to reduce nonperforming loans and increase credit availability. They welcomed the comprehensive framework for macroeconomic, structural, and social policies to foster growth and reduce poverty.

Series:

Country Report No. 06/274

Subject:

English

Publication Date:

July 26, 2006

ISBN/ISSN:

9781451834024/1934-7685

Stock No:

1SENEA2006004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

111

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