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.

Senegal and the IMF

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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

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News and Highlights

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Senegal and the IMF

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Regional Economic Outlook

APRIL 2023 SSA REO COVER - Blurb - eng

April 14, 2023

Growth in sub-Saharan Africa will decline to 3.6 percent this year. Amid a global slowdown, activity is expected to decelerate for a second year in a row. Still, this headline figure masks significant variation across the region. The funding squeeze will also impact the region’s longer-term outlook. A shortage of funding may force countries to reduce resources for critical development sectors like health, education, and infrastructure, weakening the region’s growth potential.
Read the Report

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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

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Departmental Papers on Africa

Africa Departmental Papers Cover 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.