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.
At a Glance
- Current IMF membership: 190 countries
- Senegal joined the Fund on September 28, 1963
- Total Quotas: SDR 323.6 Million
- Outstanding Purchases and Loans: SDR 9.71 Million (June 30, 2019)
- Seventh Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria (Country Report No. 19/27, January 28, 2019)
- IMF Staff Concludes a Staff-Level Agreement with Senegal Under the Policy Coordination Instrument
News and Highlights
Senegal and the IMF
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IMF Staff Completes 2023 Article IV Mission to Mali
March 24, 2023
An International Monetary Fund (IMF) team, led by Ms. Wenjie Chen, conducted discussions virtually on the 2023 Article IV consultation with Mali from March 6 to March 17, 2023. The mission held constructive discussions with a broad range of counterparts including the government and private sector to exchange views on economic prospects and risks, progress on reform, challenges, and policies.
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IMF Staff Concludes Visit to Senegal
March 14, 2023
“The Senegalese economy in 2022 experienced a sharper-than-anticipated slowdown, with real GDP growth now estimated at about 4 percent against 4.7 percent expected, reflecting a disappointing harvest season and a contraction in industrial production. Average inflation reached a multi-decade high of 9.7 percent, largely on account of food inflation.
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IMF Staff Concludes Visit to Senegal
March 14, 2023
“The Senegalese economy in 2022 experienced a sharper-than-anticipated slowdown, with real GDP growth now estimated at about 4 percent against 4.7 percent expected, reflecting a disappointing harvest season and a contraction in industrial production. Average inflation reached a multi-decade high of 9.7 percent, largely on account of food inflation.
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West African Economic and Monetary Union: Selected Issues
March 7, 2023
Series:Country Report No. 2023/103
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March 7, 2023
Series:Country Report No. 2023/102
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
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.