Senegal: Second Review Under the Policy Support Instrument and Request for Modification of an Assessment Criterion-Press Release; and Staff Report
IMF Staff Country Reports, June 8, 2016
Source details
- Canonical URL
- Senegal: Second Review Under the Policy Support Instrument and Request for Modification of an Assessment Criterion-Press Release; and Staff Report
Other formats
Bibliographic details
- Published: June 8, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484379691.002
Macroeconomic performance and outlook
- Growth was robust at 6.5 percent in 2015.
- Growth is projected to continue at a similar level in 2016.
- The economic outlook is described as favorable, but downside risks remain.
Political context
- Government proposals for constitutional reforms were approved by 63 percent of the vote in a referendum held on March 20, 2016.
Major challenges and policy priorities
- Economic policies and structural reforms are needed to sustain growth and to continue fiscal consolidation to meet regional convergence criteria.
- To keep growth buoyant, steadfast action is needed in three areas:
- Improving business environment to open economic room for small- and medium-sized enterprises and foreign direct investment.
- Strengthening public financial management and governance.
- Rebuilding government's fiscal space.
Thematic coverage (as identified in the report)
- Budget planning and preparation
- Expenditure
- Financial institutions
- Loans
- Public debt
- Public financial management (PFM)
- Public investment and public-private partnerships (PPP)
- Public investment spending
Key publication metadata referenced in the overview
- Pages: 55
- Volume: 2016
- Issue: 144
- Series: Country Report No. 2016/144
- ISBN: 9781484379691
- ISSN: 1934-7685
- DOI: https://doi.org/10.5089/9781484379691.002
International Monetary Fund. Senegal: Second Review Under the Policy Support Instrument and Request for Modification of an Assessment Criterion-Press Release; and Staff Report, IMF Staff Country Reports 2016, 144 (2016).
Content in this bundle
- _cr16144
- _cr16144f