Senegal: Seventh Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; and Press Release

 
 
Publication Date: July 02, 2014
 
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Summary: This paper discusses Senegal’s Seventh Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. GDP growth was lower than expected in 2013 but would increase to 4.9 percent in 2014 with a rebound in agriculture, mining, and industry. All quantitative assessment criteria and indicative targets for end-2013 were met, including on the budget deficit despite a significant revenue shortfall. Structural reform implementation has been slow, with many benchmarks met after their respective deadlines. Despite challenging prospects for 2014, the authorities intend to continue reducing the deficit. The IMF staff recommends completion of the seventh PSI review.
 
Series: Country Report No. 14/177
Subject(s): Policy Support Instrument | Fiscal policy | Revenue mobilization | Fiscal reforms | Fiscal transparency | Economic indicators | Debt sustainability analysis | Staff Reports | Letters of Intent | Press releases | Performance criteria modifications | Senegal

Notes Full Text also available in French
 
English
Publication Date: July 02, 2014
ISBN/ISSN: 9781498337779/1934-7685 Format: Paper
Stock No: 1SENEA2014002 Pages: 75
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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