IMF Staff Country Reports

Senegal: First Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release; and Statement by the Executive Director for Senegal

June 16, 2011

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Senegal: First Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release; and Statement by the Executive Director for Senegal, (USA: International Monetary Fund, 2011) accessed October 9, 2024

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Summary

Senegal's economic recovery is continuing and has been largely unaffected by the political crisis in Côte d’Ivoire. Policy discussions focused on the economic implications of two new developments since the program was approved in December 2010. Fiscal policy faces a difficult trade-off between additional priority expenditure and the need to preserve debt sustainability. The sustainability of Senegal’s external public and publicly guaranteed (PPG) debt appears vulnerable to rollover risks. This highlights the need for prudent debt management by Senegal, as it seeks to gain greater access to external resources.

Subject: Economic sectors, Energy sector, External debt, Government debt management, Public debt, Public financial management (PFM)

Keywords: CR, Debt burden indicator, Deficit, Energy sector, Energy sector reform, Energy sector support fund, Government debt management, Growth potential, ISCR, Medium term debt management strategy, West Africa

Publication Details

  • Pages:

    80

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2011/139

  • Stock No:

    1SENEA2011001

  • ISBN:

    9781455282586

  • ISSN:

    1934-7685

Notes