Senegal : Fifth Review Under the Policy Support Instrument and Request for Program Extension and Modification of Assessment Criteria—Staff Report; Debt Sustainability Analysis; Informational Annex; and Press Release

Publication Date: June 24, 2013
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Summary: Program implementation has been satisfactory, and all assessment criteria were met. The fiscal deficit was reduced to 5.9 percent of GDP despite a significant revenue shortfall. Delays were incurred in the implementation of reforms in the energy sector. The authorities intend to accelerate reforms to improve the business environment by streamlining expenditure and by improving the efficiency of the state to reduce the fiscal deficit to below 4 percent of GDP by 2015. This will restore fiscal buffers and ensure long-term debt sustainability.
Series: Country Report No. 13/170
Subject(s): Policy Support Instrument | Fiscal policy | Government expenditures | Revenue mobilization | Fiscal reforms | Tax reforms | Energy sector | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Performance criteria modifications | Senegal

Notes Also available in French
Publication Date: June 24, 2013
ISBN/ISSN: 9781484338483/1934-7685 Format: Paper
Stock No: 1SENEA2013001 Pages: 75
US$18.00 (Academic Rate:
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