Senegal: Third Review Under the Policy Support Instrument and First Review and Augmentation of Access Under the Exogenous Shocks Facility: Staff Report; Staff Supplement; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Senegal
July 9, 2009
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This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) for Senegal. The budgetary slippages, which had seriously affected the economy and put Senegal’s PSI-supported program at risk, have been successfully addressed. In line with program commitments, the government’s unpaid bills have been substantially reduced and far-reaching public financial management reforms launched. A temporary fiscal easing relative to earlier program targets is envisaged for 2009 to help counter the impact of the external shock.
Subject: Budget planning and preparation, Expenditure, External debt, Fiscal policy, Fiscal stance, Government debt management, Public debt, Public financial management (PFM)
Keywords: CR, deficit, ESF arrangement, financial support, Fiscal stance, Global, Government debt management, ISCR, outlook from negative, Senegal, Senegal's outlook, staff appraisal, staff recommendation, West Africa
Pages:
86
Volume:
2009
DOI:
Issue:
205
Series:
Country Report No. 2009/205
Stock No:
1SENEA2009002
ISBN:
9781451834116
ISSN:
1934-7685
