Senegal: Seventh Review under the Policy Support Instrument and Request for Modification of Assessment Criteria
IMF Staff Country Reports, July 2, 2014
Source details
- Canonical URL
- Senegal: Seventh Review under the Policy Support Instrument and Request for Modification of Assessment Criteria
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Bibliographic details
- Published: July 2, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498337779.002
Growth outlook and macroeconomic developments
- GDP growth was lower than expected in 2013.
- GDP growth would increase to 4.9 percent in 2014 with a rebound in agriculture, mining, and industry.
Fiscal performance and assessment criteria
- All quantitative assessment criteria and indicative targets for end-2013 were met, including on the budget deficit despite a significant revenue shortfall.
- The authorities intend to continue reducing the deficit despite challenging prospects for 2014.
Structural reforms and program implementation
- Structural reform implementation has been slow.
- Many benchmarks were met after their respective deadlines.
IMF staff recommendation
- IMF staff recommends completion of the seventh PSI review.
Subject coverage and keywords
- Subjects: Expenditure, External debt, Government debt management, Public debt, Public financial management (PFM), Revenue administration
- Keywords: CR, debt management, FAD expert, government, Government debt management, growth, implementation, ISCR, program implementation, renewed commitment, revenue shortfall, West Africa
Content in this bundle
- _cr14177
- _cr14177f