Senegal: Third Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; Informational Annex; Press Release; and Statement by the Executive Director for Senegal
August 6, 2012
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This paper discusses key findings of the Third Review Under the Policy Support Instrument for Senegal. All end-December 2011 quantitative assessment criteria were met—except one on the overall fiscal balance, which was missed by a small margin. Some progress was achieved in structural reforms but a number of benchmarks were missed. The new authorities have confirmed their commitment to the objectives of the program. IMF staff recommends completion of the review and supports the waiver for nonobservance of the end-December 2011 assessment criterion on the overall fiscal deficit.
Subject: Current spending, Expenditure, Government debt management, Public debt, Public financial management (PFM)
Keywords: authorities' confirmation, CR, Current spending, deficit, deficit target, development partner, Europe, Global, government, Government debt management, ISCR, private sector development, public finance development, reform agenda, West Africa
Pages:
72
Volume:
2012
DOI:
Issue:
227
Series:
Country Report No. 2012/227
Stock No:
1SENEA2012001
ISBN:
9781475504965
ISSN:
1934-7685
