Senegal: Staff Report for the Article IV Consultation and Third Review Under the Policy Support Instrument-Press Release, and Staff Report

January 4, 2017

Preview Citation

Format: Chicago

Senegal: Staff Report for the Article IV Consultation and Third Review Under the Policy Support Instrument-Press Release, and Staff Report, (USA: International Monetary Fund, 2017) accessed September 19, 2024

Also available in: français

Summary

This Article IV Consultation highlights that Senegal’s macroeconomic situation is stable. Growth is expected to exceed 6 percent in 2016, while inflation remains low. The fiscal deficit has been declining steadily from 5.5 percent of GDP in 2013 and is projected to reach 4.2 percent of GDP in 2016. The current account deficit has narrowed and is projected to reach 6.5 percent of GDP in 2016, driven by lower oil prices and improved export performance. The outlook for the Senegalese economy is positive and risks are manageable, provided there is a concerted effort to continue improving economic governance.

Subject: Debt sustainability analysis, External debt, Government debt management, Public debt, Public financial management (PFM)

Keywords: Africa, CR, Debt, Debt management, Debt service, Debt sustainability analysis, Europe, FAD expert, Government debt management, ISCR, PSE success, Revenue collection, Senegal authorities, Tax disincentive, West Africa

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/001
Stock No:

1SENEA2017001
ISBN:

9781475564082
ISSN:

1934-7685

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