Senegal : Fourth Review Under the Policy Support Instrument and Request for an Extension of the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Senegal
Electronic Access:
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Summary:
The authorities remain committed to achieving the 3 percent of GDP WAEMU fiscal deficit target one year early in 2018. Containment of current public expenditure and reforms to increase revenues have created space for an increase in public investment, while staying on the planned fiscal consolidation path. Weakness in Treasury operations has required additional borrowing and could undermine fiscal sustainability if not addressed through structural reforms of the Postal system, civil service pensions, as well as measures to strengthen public financial management.
Series:
Country Report No. 17/230
Subject:
Debt management Economic growth Economic indicators Extended arrangement requests Fiscal consolidation Fiscal policy Fiscal reforms Letters of Intent Policy Support Instrument Press releases Private investment Staff reports
English
Publication Date:
July 24, 2017
ISBN/ISSN:
9781484311929/1934-7685
Stock No:
1SENEA2017003
Format:
Paper
Pages:
51
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