Senegal: Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; Informational Annex; Press Release
IMF Staff Country Reports, December 29, 2011
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- Senegal: Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; Informational Annex; Press Release
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Bibliographic details
- Published: December 29, 2011
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781463929886.002
Key findings on macroeconomic performance and resilience
- Senegal’s economy has remained resilient to the global economic turmoil.
- The Second Review under the policy support instrument (PSI) assesses the 2012 economic program within the context of the authorities’ Document of Economic and Social Policies for 2011–15.
- The 2012 program supported under the PSI will target critical bottlenecks in energy and infrastructure, which hinder growth and poverty reduction.
Fiscal framework and investment strategy
- The fiscal program will allow the authorities to scale up infrastructure investment.
- Scaling up infrastructure investment requires keeping a prudent stance on the rest of the budget.
Policy focus and structural priorities
- Priority areas identified:
- Energy bottlenecks
- Infrastructure bottlenecks (including road infrastructure)
- Reforms to improve the economy’s growth potential and public financial management (PFM)
- The program links infrastructure and energy improvements to poverty reduction objectives.
Analytical scope and subject coverage
- Subjects covered include: Economic and financial statistics; Expenditure; Government debt management; Government finance statistics; National accounts; Public debt; Public financial management (PFM).
- Keywords highlighted: broad money, CR, current account, economy's growth potential, financial asset, Global, Government debt management, Government finance statistics, infrastructure investment, ISCR, reform, road infrastructure, West Africa.
Source: Senegal: Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria-Staff Report; Informational Annex; Press Release (December 29, 2011).
Content in this bundle
- _cr11373f